Welcome Home to Gated PIEDMONT in Haymarket, VA! 🏡 Step inside this beautifully updated townhome in the prestigious and highly sought-after gated community of PIEDMONT, where everyday living feels like a RESORT-STYLE EXPERIENCE⛳️. ASSUMABLE FHA LOAN OPPORTUNITY at 4.5% interest rate for qualified buyers. A rare and valuable advantage in today’s market. This stunning residence has been thoughtfully refreshed from top to bottom, featuring a BRAND NEW ROOF, fresh professional paint throughout, and ALL NEW FLOORING, including luxury vinyl plank and plush carpet. The result is a clean, modern feel that is completely MOVE-IN READY. The main level is enhanced with elegant crown molding, adding a touch of sophistication to the living and dining spaces. The kitchen is both functional and inviting, featuring 42-INCH CABINETRY, high-end GRANITE COUNTERTOPS, NEW STAINLESS STEEL APPLIANCES, and a window overlooking the backyard that fills the space with natural light. Just off the kitchen, step out onto a spacious TREX DECK, ideal for relaxing, dining, or hosting guests. From here, enjoy open views of one of the neighborhood’s play areas, offering a pleasant sense of space and a convenient setting for outdoor enjoyment. Upstairs, the primary suite offers a peaceful retreat with VAULTED CEILINGS and a spacious WALK-IN CLOSET, a LARGE en-suite bathroom with a SOAK-IN TUB combining comfort, openness, and practical storage. The WALKOUT LOWER LEVEL adds incredible versatility, featuring a cozy GAS FIREPLACE that brings warmth and charm to the space. A full-size window allows for natural light, while direct access to the spacious patio creates a seamless indoor-outdoor connection. A ROUGH-IN for a half bath offers the opportunity to further customize and expand the space to suit your needs. Living in PIEDMONT means enjoying a true RESORT-STYLE LIFESTYLE, with 3 SWIMMING POOLS, TENNIS/PICKERBALL COURTS, multiple TOT LOTS, miles and miles of WALKING TRAILS, and a professionally designed 18-HOLE GOLF COURSE by Tom Fazio, exceptional amenities, and a vibrant atmosphere. GOLF MEMBERSHIPS are available for those looking to fully experience all that this premier community has to offer. Presented by a local PIEDMONT SPECIALIST with a proven track record of success on Conklin Way, this is a rare opportunity to own a beautifully upgraded home in one of Western Prince William’s most highly coveted gated golf communities.
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.
