Welcome to "Waterbrook Farm" — a rare and versatile estate offering the perfect balance of refined residential living, income-producing potential, and natural beauty across 24.77 scenic acres in Unionville, Virginia. Whether you're envisioning a private family retreat, a thriving event business, a multi-generational compound, or all three at once, Waterbrook Farm delivers the space, infrastructure, and setting to make it possible. The centerpiece of the property is a handsome two-story Colonial offering 5 bedrooms and 3.5 bathrooms across a thoughtfully designed floor plan. The updated kitchen is the true heart of the home — anchored by an oversized island, quartz countertops, and abundant cabinetry, it's as functional for everyday family life as it is for large-scale entertaining. Additional main-level living spaces include a separate dining room, a cozy keeping room, a fireside family room, and an enclosed mudroom off the kitchen with extra storage for freezers or refrigerators. A main-level bedroom with an en-suite bath and a guest half bath rounds out the main floor. Upstairs, the newly expanded primary suite offers a spacious private sanctuary with a beautifully updated en-suite bathroom with a walk-in shower, free-standing tub, dual sinks, a separate water closet, and a large expanded walk-in closet. Three oversized secondary bedrooms, a new hall guest bath, a dedicated laundry room, and an impressively large storage closet complete the upper level for more storage needs. A fully separate 3-bedroom, 1-bathroom, 960 sq ft apartment with a private balcony, kitchen, and laundry area provides outstanding flexibility — ideal for extended family, long-term rental income, or on-site staff. When combined with the main residence, the living quarters total approximately 4,288 sq ft. Additionally, at 4,659sf, the on-site event venue is a genuine business asset. Weddings, corporate retreats, milestone celebrations, and private gatherings are all at home here, set against the natural backdrop of rolling Virginia countryside. For the entrepreneurially minded buyer, this is a turnkey foundation for a revenue-generating hospitality operation. The property's 24.77 acres are as functional as they are beautiful. A 2+ acre stocked pond anchors the outdoor experience, offering a peaceful focal point for guests and residents alike. The land provides ample room for expansion, outdoor event space, agricultural use, or simply the privacy and breathing room that acreage affords. All structures combined total approximately 8,947 sq ft — an extraordinary amount of usable space for a property of this character, not to mention parking for a minimum of 50 vehicles. Now, if the entertaining venue area is not to your liking or needed, it can easily transform into a remarkable multi-vehicle garage, workshop, or more. Renovations are underway, and the transformation in progress will take Waterbrook Farm to an entirely new level. The vision is bold — and the results will speak for themselves. Properties that combine this much living space, income, infrastructure, and scenic acreage in Orange County simply do not come to market often. Waterbrook Farm is not just a home — it's a lifestyle, a business, and a legacy, all on one remarkable piece of Virginia. Schedule your private tour and see the vision firsthand.
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.
