*OPEN HOUSE Saturday February 7, from 1:00 - 3:00* Set on 25 peaceful acres along a country road between Route 50 and Route 15, 30 minutes to Dulles Airport, 15 minutes to Leesburg and Middleburg, this country property offers the rare combination of a stately home, expansive views, acreage to roam, and open land. Perfectly sited to take advantage of its natural surroundings, the impressive brick Colonial offers nearly 9,900 square feet of beautifully finished living space across three levels, with oversized windows throughout that draw the outdoors in. A gracious floor plan balances formal elegance with relaxed comfort, featuring five ensuite bedrooms, generous gathering spaces, and quiet corners ideal for everyday living. The two-story foyer and sweeping staircase set the tone. Toward the rear, a relaxed family room with a wood-burning fireplace opens to a stunning room wrapped in windows with premium views, ideal for morning coffee or evening cocktails. A large office overlooking the pool makes working from home both productive and restorative. Hosts and chefs alike will appreciate the large and inviting kitchen, recently updated with a new Viking refrigerator and a custom walk-in pantry. A Viking range, oversized island, bar seating, and granite countertops complete the space. Upstairs, the expansive primary suite includes a sitting room, large bath, and custom closet. Three additional ensuite bedrooms provide comfort and privacy for family and guests. The lower level is designed for enjoyment and flexibility, offering a home theater, gym, fifth ensuite bedroom, and additional living space, ideal for guests, extended family, or an au pair suite. Outside, a newly renovated vanishing-edge pool invites quiet afternoons and summer evenings, while the open acreage lends itself to gardens, recreation, equestrian facilities, or a farmette. A detached four-bay garage provides space for tractors, 4-wheelers, tools, equipment, and gear. An extensive custom surveillance system, whole-house generator, and hand-pump backup well ensure peace of mind and self-sufficiency. When life demands convenience, but your lifestyle craves space and serenity, this extraordinary property delivers the best of both worlds.
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.
