1 of 38
$1,700,000
SIGNIN

Sign in to see required down payment for the 5.25% rate

168 Stripers Cove Ln, Clarksville, VA 23927

4 beds · 5 baths · 5,275 sqft

Willow Ordinaire'' is the Crown jewel of Kerr Lake Living! 4 Bedroom/5.5 Bath Brick manor with delightful architectural details. 10 Foot ceilings on the main level highlight the magnificent lake views & showcases the impressive, stacked stone Fireplace that extends down the steps to the Lower Level (or use the ELEVATOR). Both levels of the Fireplace offer Gas Logs. Trey ceiling accents the Dining room in the open flow floor plan. The Kitchen features coffee-stained cabinets, accented by a mix of granite & wood counters, a Gas Stovetop with Grill & Pot Filler. The bonus refrigerator drawers are so convenient! Enjoy Informal dining in the Kitchen or the Screened Porch (w/Wood burning Fireplace). The Lakeside Terrace extends across the home & can be enjoyed from the Primary Suite as well. The spacious Primary Suite has ''His and Hers'' Baths & Walk-In Closets + an office. There is a SECOND Sui

Estimated
Seller's interest rate
5.25%
7%
Estimated
Monthly payment

$8,075
$8,750
You may also save up to $114,712 in total interest paid.

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $8,750 monthly payment

Financed
SIGNIN
Location
Loan details
Loan type
FHA
Rate
5.25%
Remaining term
14 yrs and 2 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$8,075
Principal & interest
$6,005
Mortgage insurance
$951
Property taxes
$538
Home insurance
$580
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
5,275 sqft
Lot size
0.57 acres
Year built
2008
Type
Single Family Residence
HOA dues
$0.00

Source: TRIANGLEMLS #10091117

Frequently asked questions

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

View all FAQs
Last updated: Jun 14, 2025 02:00 am
Listing agent: Karin Kuhn (434) 774-9551
Listing provided courtesy of: POINTE REALTY GROUP LLC (919) 785-1100
Details provided by TRIANGLEMLS and may not match the public record.
MLS ID: #10091117
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
Est. seller's rate
5.25%
How it works

No credit check. Takes 2 minutes.