Tucked at the end of a quiet cul-de-sac in The Windings of Ferson Creek, this beautifully updated custom Tidewater Colonial offers a rare combination of space, comfort, and truly exceptional privacy. Surrounded by mature trees and overlooking protected wetlands, the setting is peaceful, scenic, and ever-changing-offering breathtaking views in every season. Whether it's morning coffee with birdsong, vibrant spring blooms, or cozy winter snowfalls, this home brings nature right to your doorstep. From the moment you arrive, you'll notice the newly redone brick front walkway (2026) and beautifully landscaped yard filled with mature plantings and vibrant perennials-creating a warm and inviting first impression. With over 3,400 square feet plus a finished walkout basement, there is room to live, relax, and entertain with ease. The dramatic two-story family room is filled with natural light and features soaring ceilings and a striking floor-to-ceiling brick fireplace, now enhanced with a newly installed wood-burning stove that serves as the focal point-adding warmth, charm, and efficiency throughout the main level. The home has been thoughtfully refreshed with fresh paint, all new lighting, and updated finishes throughout. The kitchen has been tastefully updated with new stainless steel appliances, a gas cooktop conversion, granite countertops, a stylish backsplash, and freshly painted cabinetry-opening to a sunny breakfast area with beautiful views of the surrounding landscape. The redesigned main-level bar creates the perfect space for gathering with family and friends. Upstairs, the spacious primary suite offers a peaceful retreat, highlighted by a completely remodeled spa-like bathroom with double vanity, heated floors, a large walk-in shower, and the added convenience of a private stackable laundry. Three additional generously sized bedrooms and a full bath complete the second level. The finished walkout basement adds incredible versatility, featuring a full bath, a huge rec room perfect for movie nights and game days, a second laundry area, and a dedicated storage room-making everyday living and entertaining even more convenient. Outdoor living is just as impressive, with a large two-tiered deck and a screened-in porch featuring a newly added fireplace-ideal for enjoying the views and fresh air in comfort throughout the year. Additional updates include a widened driveway with a brick retaining wall, freshly painted exterior, new screens throughout, reverse osmosis water system, and a roof replaced in 2025 with a lifetime warranty. Located in the highly regarded Burlington 301 School District, The Windings of Ferson Creek is known for its welcoming community and outstanding amenities, including a pool, clubhouse, tennis courts, fishing pond, and access to the Great Western Trail. If you've been looking for a home that offers privacy, natural beauty, and thoughtful updates in a truly special setting-this is it!
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.
