Open Saturday and Sunday 1-4 - Known as the Fuller-Schuerman House, this remarkable Fairfax City residence stands among the area's most iconic historic properties, set facing Pickett Road in the sought-after Pickett’s Reserve neighborhood. Originally constructed in the 1850s, the grand columned Colonial has been thoughtfully restored and renovated to preserve its architectural character while incorporating the modern systems and amenities expected for contemporary living. The gracious home boasts three floors, plus a full lower level. A stately two-story columned front porch introduces an interior defined by exceptional scale and craftsmanship. The main level features soaring 11-foot ceilings, extensive moldings, hardwood floors, period hardware, and gracious formal spaces designed for both entertaining and everyday living. A grand central staircase serves as the home's architectural centerpiece, while the formal dining room and expansive living room each feature fireplaces that reflect the property's historic pedigree. Flanking the main living spaces are two versatile bonus rooms, ideal as a private library or home office and a comfortable sitting room overlooking the pool and outdoor entertaining areas. Period door hinges, vent covers and light switches add to the historic texture of the home. Beyond the formal rooms, the spacious renovated kitchen offers generous table space, a gas cooktop, double wall ovens, granite counter tops, and abundant room for gathering. Throughout the home, historic details have been carefully preserved while substantial updates ensure comfort and convenience, including radiator heat and two forced-air HVAC systems. Outside, extensive landscaping surrounds the property, creating a private setting highlighted by an in-ground pool with a chld-proof, motorized cover, a large hot-tub an expansive surrounding patio and mature landscaping. A recently installed metal roof, a brick-paver parking area, and numerous thoughtful improvements further enhance this exceptional residence. The upper levels provide five bedrooms and three full baths, including a spacious primary suite with fireplace, walk-in closet, and luxurious ensuite bath featuring a soaking tub, large shower, and separate water closet. Two additional bedrooms and a hall bath occupy the second level, while the third floor offers two additional bedrooms with exposed original beams along with a full bath, providing exceptional flexibility for guests, family members, or additional workspace. The lower level extends the home's livability with a large family room featuring a fireplace and built-in cabinetry with a quartz top and LED lighting. A full bath, an expansive workroom and an adjacent private bedroom or office finish out the lower level space. Ample storage is found throughout, including a wine closet, a pantry closet at the foot of the stairs, and a utility room with deep shelving. Rarely does a property so successfully combine architectural presence, modern comfort, and a premier Fairfax City location. The Fuller-Schuerman House offers a unique opportunity to own one of Northern Virginia's truly distinguished historic homes.
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.
