This beautiful end unit town home offers an assumable VA loan for qualified veterans at a remarkable 3.25% interest rate. It sits in Potomac Shores, a community that truly feels like its own small town along the banks of the Potomac River. The neighborhood blends suburban living with natural beauty and provides an incredible selection of amenities, including access to the new VRE station (now under construction). The home offers approximately 2,400 finished square feet, 3 spacious bedrooms, 2 full and 2 half bathrooms, and a 2 car garage. The main level features a recreation room that works well as a second living space. It can easily host movie nights, gaming battles, or a cozy hangout spot. Built in cubbies create a welcoming mud room and drop zone for all those shoes and bags. A convenient half bath completes this level. A beautiful feature wall leads you upstairs to the open concept second floor. This entire level feels inviting from the moment you walk in. The living area includes a built in entertainment center with cabinets, shelving, and a striking stone accent wall that adds warmth and character. A glass door opens to a Trex deck that is perfectly suited for grilling a great BBQ dinner. Back inside, a stunning built in workspace spans the back wall and is ideal for schoolwork or a comfortable home office. The kitchen is a true highlight, featuring dark blue cabinetry, white quartz countertops, stainless steel appliances, and generous storage. A butler pantry with floating shelves, complemented by a separate pantry with an organizational system, provides storage that help keep everything easy to access and beautifully arranged. The dining area is bright and welcoming. Additional cabinet and counter space works wonderfully as a dry bar, storage hub, or the perfect place for a nugget ice maker. Another half bath completes this level. The top floor features three spacious bedrooms. The primary suite offers a calm retreat with a large walk in closet that includes an organizational system, as well as an ensuite bathroom with an oversized double sink vanity and a beautiful walk in shower. The two secondary bedrooms are well sized and share a full bath with a double sink vanity. This level also provides extra storage with several additional closets and a separate laundry area for everyday convenience. Built in 2018, the home includes modern finishes and thoughtful details throughout. The home has been freshly updated with a new coat of paint throughout and new matching LVP floors have been added on the top level. Living in Potomac Shores offers an experience that is rare in Northern Virginia. The neighborhood is built along the Potomac River with wide open green spaces, scenic walking paths, and beautiful landscaping. The community offers more amenities than most Northern Virginia neighborhoods, and they are truly exceptional. Throughout the community you'll find the Potomac Shores Golf Club, a public 18 hole Jack Nicklaus Signature course that residents can enjoy in their own backyard. The Shores Club, which is a residents only clubhouse and social center, includes a fitness complex, multiple pools, a sports complex for soccer and field activities, playgrounds, and a community garden. Life here feels like living at a resort, and it makes coming home feel like a treat. The location is ideal for those who need access to Quantico or Fort Belvoir. In addition, the planned Virginia Railway Express (VRE) station inside the neighborhood will make commuting to Washington DC and surrounding areas even easier. The neighborhood also has plans for a future Town Center and a future parkway that will take you directly to Route 234 and I 95. A new elementary school is expected to open in 2027. This incredible home is move in ready and waiting for its new owner!
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.
