VA Assumable 2.25% for non-Veterans as well on $830,000. Paradise awaits on a private, tree-lined 1.23-acre cul-de-sac lot in the prestigious Dominion Valley Country Club community. This exceptional home, the sought-after Estate series, Hampton model, is one of the largest models that Toll Brothers built in the neighborhood. It offers a rare combination of elegance, space, and thoughtful design that will satisfy even the most discerning buyer. From the moment you enter the home, you are welcomed by a magnificent marble foyer featuring twin circular staircases leading to the upper level, creating an unforgettable first impression. Throughout the home, rich Brazilian Cherry hardwood flooring adds warmth and sophistication to the luxurious custom floor plan. The gourmet kitchen is truly a chef’s dream, featuring upgraded stainless-steel appliances, a wall-mounted GE Monogram refrigerator, double wall ovens, a massive island with a built-in sink, and a wine fridge. Additionally, there are two dishwashers, a 6-burner gas range with decorative hood, Yorktowne top of the line custom cabinetry, and a spacious custom-built walk-in pantry. A stunning wall of custom glass doors creates a breathtaking connection between the kitchen and outdoor deck patio. These expansive floor-to-ceiling panels flood the home with natural light while framing serene views of the private deck and wooded backdrop beyond. Designed to blur the line between living space and nature, the doors open effortlessly to create a seamless indoor-outdoor entertaining experience. Perfect for both everyday living and entertaining, the kitchen flows effortlessly into the welcoming family room with cherry wood coffered ceilings, a beautiful fireplace with a stone hearth, and a dramatic mantle. The main level also features an elegant formal dining room, a charming sitting and music room, a private office, two conveniently located half bathrooms, and a luxurious main-level primary suite with a spa-inspired bathroom, Jacuzzi tub, separate shower, and double vanity. Upstairs, the home continues to impress with a second expansive primary suite featuring an enormous en-suite bathroom complete with double toilets, double-head showers, a large Jacuzzi tub, built-in closets, and private his and her dressing rooms. Three additional bedrooms each offer their own private en-suite bathrooms, providing comfort and privacy for family and guests. An oversized bonus room, perfect as a playroom, game room, study area, or creative space, adds even more flexibility. One of the home’s three laundry areas is also conveniently located on this level. The fully finished lower level was designed with entertaining in mind. Whether hosting family celebrations, birthdays, graduations, or neighborhood gatherings, this space offers incredible versatility with a multi-media room, game areas, one full and one ½ bathrooms, and a fully equipped wet bar, including a freezer large enough to store multiple ice cream bins for unforgettable dessert moments. Step outside to your own private resort-style retreat. The covered patio opens to an expansive pool deck, a six-person hot tub, and a custom-designed swimming pool with a diving board. Beyond the fenced pool area, the remaining grounds offer space to explore and enjoy nature, including walking and recreation areas, a charming playhouse, and a custom-built fire pit, perfect for evenings under the stars. Additional conveniences include three separate laundry areas, one on each level, and a spacious three-car garage equipped with an electric vehicle charging port, providing modern convenience and future-ready living. This extraordinary home offers the perfect balance of luxury, comfort, and entertainment. Whether enjoying peaceful everyday living surrounded by nature or hosting unforgettable gatherings with family and friends, this property delivers a lifestyle that is truly exceptional.
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.
