Welcome to 60 St. Roberts Drive, a beautifully updated and move-in ready home nestled in the heart of Stafford! Thoughtfully refreshed with extensive upgrades throughout, this home offers the perfect combination of modern improvements, timeless finishes, and everyday comfort. From the moment you step inside, you will appreciate the bright, refreshed interior featuring fresh paint throughout, brand-new carpet, updated lighting fixtures, and all new door hardware completed in 2026. The stunning hardwood floors have been professionally refinished, buffed, and recoated in 2026, bringing out their rich natural character and giving the main living areas a beautifully refreshed appearance. The kitchen has been tastefully updated with a new cooktop and new dishwasher in 2026, making it ready for both entertaining and daily living. Major capital improvements provide added value and peace of mind, including a brand-new roof (2026), new asphalt driveway (2026), and a spacious new rear deck (2026) perfect for outdoor entertaining, grilling, or relaxing evenings at home. Two new Pella sliding glass doors (2026) allow abundant natural light to pour into the home while creating seamless access to the outdoor living space. This home also features a dual-zone HVAC system for enhanced comfort and efficiency, with the upper HVAC unit replaced in 2023 and the water heater installed in 2020. For added convenience and preparedness, the home is generator-ready with an installed transfer switch at the electrical panel, allowing for easy whole-house backup power connection during outages. Ideally located near shopping, restaurants, commuter routes, parks, and local amenities, this turnkey property offers the updates buyers want without the wait or expense of renovations. Do not miss the opportunity to make this beautifully upgraded Stafford home your own!
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.
