Welcome to this beautifully maintained 3 bedroom, 2.5 bath townhome with a one car garage, ideally located in the highly desirable Burke Centre community. Offering a spacious layout, comfortable living spaces, and an exceptional location, this home is ready for its next owner. Recent improvements include a new roof in 2019, brand new HVAC system and water heater in 2026, washer and dryer in 2022, and kitchen appliances in 2019, providing added value and peace of mind. The main level is filled with natural light and features a welcoming floor plan designed for both everyday living and entertaining. Sliding glass doors from the eat in kitchen lead to a private deck overlooking mature trees, creating a peaceful setting for morning coffee, outdoor dining, or simply enjoying the privacy of the wooded backdrop. The spacious eat in kitchen offers abundant cabinet and counter space along with room for casual dining, while the separate dining room is perfect for holiday meals and gatherings with family and friends. The adjoining living room provides an inviting place to relax and unwind. Upstairs, the spacious primary suite serves as a peaceful retreat featuring a walk in closet and a beautifully updated ensuite bath with a custom walk in shower enclosed by elegant frameless barn style sliding glass doors. Two additional generously sized bedrooms and a full hall bath complete the upper level. The lower level features a comfortable recreation room centered around a cozy wood burning fireplace, creating the perfect space for movie nights, watching the big game, or relaxing after a long day. This level also includes the laundry area, additional storage, and direct access to the one car garage. Sliding glass doors lead to a private fenced patio, providing a wonderful outdoor space for grilling, entertaining, or enjoying a quiet evening. Burke Centre offers an outstanding lifestyle with miles of scenic walking and biking trails, multiple community pools, tennis and pickleball courts, playgrounds, and beautifully maintained common areas. Burke Lake Park, shopping, restaurants, and everyday conveniences are just minutes away. Commuters will appreciate the Burke Centre VRE Station and Pentagon commuter bus service located approximately one half mile away, along with convenient access to Fairfax County Parkway, Braddock Road, Route 123, and I 495.
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.
