Spectacular End-Unit Townhome in Stone Ridge with 2-Car Garage & 2,700+ Sq Ft Welcome to 25108 Cypress Mill Terrace—a beautifully maintained end-unit townhome offering 2,713 sq ft of bright, open living space in the highly desirable Stone Ridge community. With abundant natural light, multiple living areas, and thoughtful updates throughout, this home lives like a single-family residence while providing the convenience of townhome living. Main Level – Spacious, Open & Perfect for Entertaining The main level features a large, well-appointed kitchen with generous cabinet and counter space, seamlessly connected to an inviting family room—ideal for daily living or hosting guests. A formal dining room and sun-filled living room provide additional gathering areas and a comfortable, open flow throughout the level. Upper Level – Private Bedroom Retreats The expansive primary suite offers exceptional space, complete with two walk-in closets and a beautifully designed en-suite bath. Two additional bedrooms share a full hall bath, and a convenient upper-level laundry (washer & dryer new in 2022) adds practicality to daily living. Entry Level – Flexible Space with Full Bath The entry level includes a welcoming foyer and a spacious rec room with an attached full bath—perfect for a guest suite, home office, gym, or in-law space. Walk out to the backyard or step up to your private deck for easy indoor-outdoor living. Recent Updates & Features This home is truly move-in ready with a long list of improvements, including: New refrigerator, microwave, washer & dryer (2022) New garage door opener (2024) New hot water heater (2024) Roof ridge vent replaced (2023) Five windows replaced (2024) Plenty of parking for you and your guests Enjoy peace of mind knowing the major systems are updated and the home has been lovingly maintained. Resort-Style Amenities & Unbeatable Location Residents of Stone Ridge enjoy access to exceptional amenities, including: Three community pools Nettles Mill Clubhouse with a fitness center and rentable event space Tennis courts, basketball court & tot lots Byrnes Ridge Park just moments away Stone Springs Hospital sits right across the street, and you're just minutes to shopping, dining, top-rated schools, wineries, breweries, and all the best that Loudoun County has to offer.
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.
