Welcome to this BEAUTY in Red Cedar Village! This meticulously maintained and thoughtfully upgraded carriage home offers over 4,100 finished square feet across three spacious levels, featuring 5 bedrooms, 4.5 bathrooms, and a 2-car rear load garage. Extensive recent upgrades provide peace of mind and exceptional efficiency, including: NEW 3-zone premium Trane HVAC system with transferrable 10-year warranty-18 SEER central A/C, 96% gas furnace, whole house humidifier, whole house dehumidifier (2026); NEW carpeting (2026); Freshly painted (2026), NEW tile backsplash (2026), NEW gas cooktop (2026);NEW windows with transferrable 50-year warranty (2025); Roof with 50-year architectural shingles (2018); Radon mitigation system with fan; LVP flooring in lower level--WOW! A charming full front porch welcomes family and friends into a home filled with elegant details including hardwood flooring, crown-chair-picture frame molding, fresh paint, and new carpeting. The main level features a private office with double glass-paneled doors, a formal living room accented by architectural columns, and a separate formal dining room perfect for entertaining. The gourmet kitchen is a chef’s delight with granite countertops, a 5-burner gas cooktop, wall oven with convection feature, built-in microwave, abundant cabinetry, center island, custom tile backsplash, and a sunny breakfast area that opens seamlessly to the inviting family room with a gas fireplace, expansive windows, and ceiling fan. A stylish powder room and conveniently located laundry room completes the main level. Upstairs, retreat to the spacious primary suite featuring a tray ceiling, ceiling fan, walk-in closet, and a luxurious ensuite bath with a corner soaking tub, separate shower, double vanity, and private water closet. Bedroom #2 offers a suite with new carpeting, ceiling fan, and private bath with tile floor and tub/shower combo. Bedrooms #3 and #4 are also generously sized bedrooms and offer new carpeting and ceiling fans. The 3rd full bath offers double sink vanity, tile floor, and tub/shower combo. The finished lower level provides outstanding additional living space with new luxury vinyl plank flooring, recessed lighting, and a large recreation room ideal for movie nights, game days, or entertaining complete with a projector and screen. A fifth bedroom with egress window and ample closet space, along with a full bath, creates the perfect guest or in-law suite. The large utility room and storage area is ideal for organizing seasonal decorations and includes a radon mitigation system with fan. Outdoor living is equally impressive with a custom patio with stone walls and fenced rear yard. The rear-load two-car garage is equipped with a Level 2 EV charger and dedicated 100-amp subpanel (2024) and NEW premium Clopay insulated garage doors with R 18.10 and Aladdin openers (2025). A seven-zone irrigation system, installed in 2023, keeps the lawn looking its best with ease. Red Cedar Village is one of Loudoun County’s most desirable communities, offering a unique blend of natural beauty, recreational opportunities, and convenience. Community Amenities include the Community Pool, Fitness Center, Clubhouse, Playgrounds, Central Park, Miles of Walking & Biking Paths, Over 900 Acres of Preserved Open Space. Nearby Banshee Reeks Nature Preserve offers: Miles of scenic hiking trails, Wildlife viewing, Catch-and-release fishing pond, Educational programs and nature experiences. The expansive Hanson Regional Park provides outstanding recreational amenities including: Cricket pitches, Multi-purpose athletic fields, Skate park, Splash pad, Nature center, Pavilions, Summer camps and community events. This Prime Leesburg Location is Conveniently located just minutes from: Historic Downtown Leesburg, Shopping, Dining & Entertainment, Major Commuter Routes, and a short drive to the Ashburn Metro Station and Washington Dulles International Airport.
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.
