Dreams don’t just visit this home—they move in and get comfortable. Welcome to Silverleaf in North Chesterfield, where this newer stunner delivers modern luxury with just the right amount of “wow, you live here?” Inside, find 4 generously sized bedrooms with no need for closet space conflict. Boasting 3 full baths, and that open-concept layout everyone wants— Honey, this one actually delivers! The great room flows effortlessly into a gourmet kitchen that’s ready for everything from morning coffee to full-on hosting mode: granite countertops, sophisticated, cabinetry, statement island with seating, and enough space to cook, serve, and socialize with ease. Need a home office? Of course you do. The wide, welcoming foyer introduces a perfectly placed office with French doors and front-yard view—ideal for productivity or at least looking productive. Downstairs also features a bedroom with a Jack-and-Jill bath—perfect for guests, in-laws, or that “just for now” college grad who may need to stay a while. Add in a mudroom with direct 2-car garage access complete with EV charging station, and suddenly everyday life feels a lot more functional. Upstairs, the primary suite is less of a bedroom and more of a personal retreat—complete with two walk-in closets (because one is never enough), a sleek dual vanity with makeup station,5 foot tiled shower with seating, and a private water closet for those well-earned moments of peace. The additional bedrooms are spacious, yes the sprawling loft ! with its open rail design—adds just the right touch of style and flexibility! Tucked away in a quiet cul-de-sac, the backyard offers privacy and a blank canvas— think deck, patio, fire pit, outdoor oasis…your imagination gets the final say here. And when you do decide to leave (although you’d hardly want to), you have plenty of amenities - pool, clubhouse, trails and more conveniently located near Chippenham Parkway and I-95, with shopping and amenities just minutes away. In short: this home doesn’t just check boxes—it upgrades EVERY one!
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.
