Welcome to an exceptional 4-bedroom, 3.5-bathroom, 3800 sq ft colonial single-family home nestled in the heart of the highly sought-after Broadlands community. Situated on a quiet side street and backing to a walking path and woods, this home offers luxury, comfort, and convenience. As you arrive, you’ll be captivated by its impressive curb appeal, with a meticulously landscaped yard and an inviting front porch, ready for summer. Step inside the foyer and you will immediately notice the gorgeous hand-scraped hickory hardwood floors, fresh paint, and large windows. The two story foyer leads you to the spacious living room, and dining room, and proceeds to the “chef's dream” gourmet kitchen with double wall ovens, a gas cooktop, a Wolf hood vent, built-in microwave and lots of counter space. The kitchen opens to your backyard oasis, featuring a maintenance-free Trex deck and a screened-in porch. The perfect place for morning coffee or evening wine. The main level also includes a family room with a gas fireplace for cozy evenings with friends and family, as well as a stylish half bath. Upstairs, the stairway and upper hallway were recently refinished with hand-scraped hickory flooring. The spacious primary bedroom offers TWO walk-in closets and a newly renovated ensuite with a Jacuzzi Tub with in-line heating, a large walk-in shower, dual sink vanity, and elegant tile flooring, highlighting the home's luxurious touches and spacious design. There are 3 additional nice-sized bedrooms, a second renovated full bath, and a conveniently located laundry room. The fully finished lower level has a large recreation room perfect for everyone's hobbies, a renovated third full bath, a bonus room perfect for guests, under the stairs play space/storage and a storage/mechanical room. The rest of the house includes a 2-car garage with a insulated garage door, an irrigation system for keeping your lawn green, and an exterior landscaping shed. Living in Broadlands means access to top-rated schools, multiple pools, sports courts, a fitness center, walking trails, and playgrounds. With easy access to the Dulles Toll Road, Silver Line Metro, shopping, dining, and entertainment, this home truly has it all. Don’t miss this rare opportunity to own a spacious, upgraded home in one of Ashburn’s most desirable neighborhoods. Schedule your private tour today!
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.
