2.5% VA ASSUMABLE MORTGAGE - Premier elevated location in Embrey Mill! Don't miss out on this beautifully appointed residence nestled within the highly-sought after community of Embrey Mill in Stafford. This modern single-family home was built in 2018 and offers approximately 3,500 + sq ft of living space, with 5 bedrooms and 3.5 baths for comfortable and elegant living. A welcoming foyer opens into a bright and open main level, showcasing gleaming hardwood floors and crisp designer finishes. Passing through the entry you will notice the formal dining room and the formal living room or flex space as you enter the gourmet kitchen which features premium stainless steel appliances, a large island with breakfast bar, generous cabinetry and abundant natural light — ideal for both casual family meals and entertaining guests. The adjoining family room living space flows seamlessly from the kitchen, creating an ideal open-concept layout. Meander upstairs and retreat into the luxurious owner’s suite, with a spa-like en-suite bathroom, expansive walk-in closet. The additional upper-level bedrooms are generously sized, each with its own character and ample closet space. The finished lower level basement which includes a bedroom and bathroom, creates even more versatile living space — perfect for a media room, home gym, guest space, or recreation area. Walk up from the basement into the back yard and enjoy the large stamped concrete patio. Outside, the professionally landscaped lot (≈0.31 acres) sits on a premium location in the neighborhood with easy access to the community’s walking trails, parks and amenities. Includes a wireless sprinkler system to help you keep your manicured lawn perfect! Embrey Mill is a master-planned community in North Stafford, this home offers a lifestyle of convenience and recreation. The neighborhood features more than 285 acres of open space, 10 miles of trails, community gardens, dog parks, multiple swimming pools and resident gathering spaces such as the “Embrey House” clubhouse with gym. You will appreciate that the community is close to acclaimed local amenities, including: Embrey Mill Park with turf and grass fields, playgrounds and the nearby Jeff Rouse Swim & Sport Center. Convenient commuting: just minutes from I-95 with access to the D.C./Northern VA corridor and nearby commuter hubs. Local shopping, dining and services within and just outside the community, making errands and lifestyle outings effortless. Living at 220 Almond Drive places you in the heart of Stafford County’s dynamic region. Whether your day includes a commute, activities, or weekend recreation, you’re well positioned. For commuters and professionals, the proximity to major employment centers, defense and government contractors, and the vibrant Northern Virginia/DMV area makes this location highly desirable. On weekends, enjoy outdoor escapes nearby — from trail walks in Embrey Mill to scenic days along the Potomac River, or perhaps exploring historic Fredericksburg just a short drive away. This property blends newer-construction ease with thoughtful design and lifestyle amenities. Few homes allow you to simply move in and begin enjoying — from the stylish finishes inside to the resort-style setting outside. The combination of space, quality and location create a rare opportunity. If you’re looking for a home where you’ll feel immediately at ease, yet one that offers the room to grow, entertain and thrive — 220 Almond Drive in Embrey Mill is a front-runner. This is your chance to live in one of Stafford’s most vibrant, amenity-rich communities in a residence that truly feels like home.
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.
