Move-in ready and low-maintenance from the jump, this upgraded Aquia Harbour home delivers immediate value with no carpet, a wooded backyard, and major system updates already done. Most big-ticket items including the roof, windows, vinyl siding, and core appliances are approximately 10 years old, with a washer and dryer purchased in 2025. Inside, you’ll find 5-inch wide hickory hardwood floors, ceramic slate tile, crown molding, Pella doors, and Simonton Low-E Argon windows. The kitchen offers generous counter space and refreshed cabinetry and features stainless steel appliances. The living room is anchored by a wood-burning fireplace, and the formal dining room easily accommodates larger gatherings with a beautiful bay window. The primary bedroom comfortably fits a king-size bed and includes a walk-in closet with built-in shelving. Both secondary bedrooms are oversized and share a hallway bathroom. Enjoy maintenance-free living with architectural shingles, gutter guards, an attic fan with sensor, and composite decking on both the front porch and rear deck. The oversized driveway provides parking for multiple vehicles. Located inside the gated Aquia Harbour community, residents enjoy access to a private marina, pools, golf course, stables, parks, trails, playgrounds, tennis and pickleball courts, and year-round community events. Convenient to I-95, Route 1, Quantico, commuter options, shopping, and dining, this home offers lifestyle, location, and long-term value in one smart package
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.
