Exceptional luxury living awaits in this meticulously maintained **5-bedroom, 5.5-bath** home in the highly desirable Powell's Landing community. Designed with comfort, privacy, and flexibility in mind, this remarkable residence features **five spacious bedroom suites**, each complete with its own **private full bathroom**—an exceptional floor plan that's perfect for multi-generational living, extended family, guests, or anyone who values personal space. The gourmet kitchen boasts granite countertops, a stylish new backsplash (2025), stainless-steel sink, newer refrigerator (2021), dishwasher (2021), and garbage disposal (2025). Rich hardwood flooring extends throughout the main and upper levels (2020), while the finished basement showcases beautiful porcelain tile flooring and an impressive wet bar with granite countertops, stainless-steel sink, and refrigerator—ideal for entertaining. Step outside and enjoy exceptional outdoor living with a **12' x 12' composite deck** (2021), a spectacular **340-square-foot brick and stone patio** (2022), a brick and stone front walkway (2024), and a brand-new **20' x 12' motorized retractable awning** (2026), creating the perfect setting for relaxing or hosting family and friends. ProVia steel patio doors (2023) enhance both the breakfast nook and basement walkout. Extensive recent improvements provide years of worry-free ownership, including a **new upper-level HVAC system (2025)**, **75-gallon Bradford White water heater (2022)**, **roof (2019)**, **attic fan (2025)**, **sump pump (2020)**, **LeafFilter gutter guards (2021)**, and a premium full-view storm door (2025). Additional upgrades include custom exterior lighting, LED exhaust fans in every bathroom, ceiling fans in **all five bedroom suites**, two home offices, and the breakfast nook, elegant crystal chandeliers in the foyer and dining room, and an **8' x 10' vinyl-sided storage shed**. Offering an outstanding combination of luxury, functionality, and thoughtful upgrades, this exceptional home is conveniently located near I-95, Quantico, commuter lots, VRE, shopping, dining, parks, marinas, and the Potomac River. **With five private bedroom suites, premium upgrades throughout, and exceptional indoor and outdoor living spaces, this move-in-ready home is truly one of Powell's Landing's finest offerings! Gorgeous interior photos coming soon.**
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
