**LOCATION!!! LOCATION!!!** This exquisite 3-level, 3-bedroom, 4-bath home is nestled in a desirable inside-the-Beltway community, offering a harmonious blend of comfort and convenience. Rarely will you find a townhome with everything you want and this one has it all! Hardwood floors, a brand-new roof in 2024, HVAC replaced in 2022, and a new fridge in 2022. **Interior Highlights:** Step inside to discover an inviting foyer that leads into an open floor plan. A cozy living and dining room create a warm, welcoming atmosphere, complemented by a conveniently located half bath. Sip your morning coffee or enjoy a late-night drink on the balcony right off the living room. The gourmet kitchen is a chef's dream, featuring granite countertops, ample cabinetry, and a breakfast area, making it ideal for both casual meals and entertaining guests. An abundance of windows fills the home with natural light throughout. **Upper Level:** Find 3 bedrooms and 2 full baths, including a sumptuous primary suite. This private retreat features a walk-in closet and an opulent en-suite bathroom. Two additional generously sized bedrooms share a second full bath. **Lower Level Versatility:** The walkout basement makes a perfect in-law suite, boasting a full bathroom and a flex room with a sliding door that leads to the fully fenced, large backyard. This multifunctional space adds flexibility for living. This sunlit room can be used as a family room, recreation room, home gym, or office, making working from home easy and enjoyable. **Outdoor Living:** Walk out to a charming oversized fenced yard and outdoor living area to enjoy year-round. Perfect for summer barbecues or relaxing in a private setting with tons of privacy! The fully paved patio features grapevines. Backs to trees for added privacy. Parking is a breeze with 1 assigned space plus 2 parking tags for any of the unmarked spaces. There are plenty of unmarked spaces. Additional parking is available on the street. **Community Amenities:** Enjoy the outdoor pool, tennis courts, basketball courts, playgrounds, trails, community center, and much more. **Commuter Convenience:** You'll be close to all major commuter routes, including being only 4 miles from Dunn Loring–Merrifield Metro Station and Franconia–Springfield Metro Station. This inside-the-Beltway, tucked-away neighborhood is just minutes from I-495, I-395, and I-66, with quick connections to Tysons, Arlington, and Alexandria. Get to D.C. in 20 minutes via 8 different routes, including Braddock Road, Route 236, Route 50, Route 29, I-66, Edsall Road, I-395, and more. It's also just a 3-minute walk to the bus stop on Americana Drive. **Everyday Access:** Nearby parks, entertainment, shopping centers, and dining options cater to your every need. Safeway, Giant, Starbucks, Home Depot, and a bowling alley are all nearby. Whether you are relaxing at home or exploring everything the neighborhood has to offer, this is the lifestyle you've been looking for. Make this stunning home your own at this incredible price! Come check it out at the upcoming open houses on Saturday and Sunday!
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.
