Perfectly positioned within the coveted Potomac Shores community, this residence seamlessly blends the quiet comfort of a private sanctuary with entry into an unparalleled, high-energy lifestyle. The exterior sets a pristine standard, boasting exceptional curb appeal with freshly enhanced landscaping and a meticulously power-washed finish. Inside, crisp, fresh paint highlights a bright, airy layout designed for the way we actually live today. The main level balances a welcoming living room and a dedicated dining room for elegant hosting, leading into the heart of the home: a spacious kitchen that flows naturally into a family room perfectly sized for a deep, comfortable sofa. The entire main floor trades stiff formality for a fluid, open connection, leading seamlessly to your own private outdoor oasis: a brand-new, $33,000 custom deck addition and patio space built for weekend BBQs or lively open-air entertaining. The bedroom layout is perfectly tailored for a growing family , featuring a spacious 4-bedroom design on the upper level, complemented by 1 additional bedroom on the lower level,making a total of 5 bedrooms alongside beautifully appointed bathrooms. The lower level offers an incredible canvas for personalization and instant equity. The expansive basement features a full bath rough-in (already plumbed and ready to go), family room and bonus room making it effortless to complete an ultimate recreation space, guest suite, or lower-level retreat whenever you choose. The ultimate show-stopper here is the legendary golf community lifestyle. Potomac Shores is home to the region's premier Jack Nicklaus Signature golf course a masterpiece featuring dramatic elevation changes and stunning vistas carved through mature hardwoods. Living here means endless entertainment, whether you are hitting the fairways, relaxing on the clubhouse brick patio by the outdoor fire pits, or diving into a vibrant social calendar packed with community activities and pools. Education and daily convenience are right at your doorstep. The community is home to the renowned Saint John Paul the Great Catholic High School, celebrated for its exceptional academic programs, while commuting is effortless via the local VRE train station.
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.
