Wrapped in timeless brick-front charm and perfectly positioned as an end-unit, this delightful townhome feels like a hidden retreat filled with warmth, character, and inviting spaces at every turn. A two-car garage, fenced backyard, rear deck, and walk-out patio create the perfect backdrop for everything from quiet morning coffee to lively evenings under the stars. Inside, rich hardwood floors flow throughout the entire main level, where sunlight dances through the windows and each space feels effortlessly welcoming. The beautifully appointed kitchen serves as the heart of the home, featuring stainless steel appliances, granite countertops, and a cheerful breakfast room framed by a lovely bay window — the perfect perch for slow mornings and cozy conversations. Just beyond, the family room glows with the warmth of a gas fireplace, creating an atmosphere that feels both elegant and wonderfully comfortable. The spacious dining room is ready for memorable gatherings, while the sunken living room adds a touch of architectural charm and character rarely found in today’s homes. Tucked quietly away, a private home office offers a peaceful escape for work, reading, or creative pursuits. Upstairs, plush carpeting softens each step, leading to three inviting bedrooms including a serene primary suite designed to feel like a boutique hotel retreat. A tray ceiling adds dimension and elegance, while the walk-in closet and spa-inspired bath create a calming sanctuary at the end of the day. Two additional bedrooms share a beautifully appointed hall bath, offering comfort and flexibility for family or guests. Conveniently located on the upper level, the laundry area adds everyday ease right where it’s needed most. The walk-out lower level expands the living space with a spacious recreation room perfect for movie nights, game days, fitness, or play, along with direct access to the backyard patio, where peaceful outdoor moments await. Nestled within the sought-after Westmarket community in charming Haymarket, this home offers the perfect blend of comfort, convenience, and neighborhood connection. Residents enjoy access to community amenities including a sparkling pool, sports courts, playgrounds, and beautifully maintained common areas designed to bring neighbors together. Ideally located near shopping, dining, wineries, breweries, and commuter routes, Westmarket places you close to everything while still offering the welcoming feel of a tucked-away community.
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.
