Welcome to this bright and comfortable 2-bedroom, 1.5-bath condominium in the Edsall Bluff community of Alexandria—a home that blends convenience, simplicity, and everyday comfort in one well-planned space. With 965 square feet of living space, this garden-style condo offers a layout that feels open, practical, and welcoming from the moment you arrive. Inside, the home features a spacious living and dining area that creates an easy flow for everyday living. Natural light helps the space feel warm and inviting, making it a comfortable place to relax, gather, or unwind at the end of the day. The layout offers flexibility for different furniture arrangements and makes the home feel both functional and airy. The home includes two generously sized bedrooms and one full bathroom and one half bath, providing a comfortable and balanced design. The primary bedroom includes its own private bath, creating a quiet retreat within the home. The second bedroom and additional bathroom add convenience and flexibility within the space. Storage is another great feature of this condo. The unit includes its own private storage bin, ideal for luggage, seasonal décor, outdoor gear, or anything you want neatly tucked away and easily accessible. Step outside and enjoy the private balcony, a perfect place to sip your morning coffee, catch some fresh air, or relax after a long day. Parking is simple and convenient with two parking tags included—one for the resident and one for guests—and plenty of unassigned spaces available right outside the building. Life at Edsall Bluff is designed to be easy and low-maintenance. The monthly condo fee covers nearly everything, including electricity, water, heating, cooling, trash removal, snow removal, exterior building maintenance, and access to the community outdoor pool. With so many services included, daily living becomes simpler and more predictable. The location adds even more appeal. Commuting is incredibly convenient with quick access to I-395, I-95, and I-495, along with the Van Dorn Metro station just minutes away. Daily errands are easy with grocery stores, coffee shops, and major retail nearby. When it’s time to get outside, Bren Mar Park offers scenic trails and open green space, while Old Town Alexandria is just a short drive away for waterfront views, dining, shopping, and historic charm. This is more than just a condo. It’s a home designed to make life easier, smoother, and more enjoyable—a comfortable space in a well-connected Alexandria location. Come see it for yourself and imagine the lifestyle waiting here.
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.
