This beautiful all brick move-in-ready Marlan Forest colonial is infused with countless upgrades and offers an updated feel throughout. A stately brick exterior with covered entry, circular and extended driveway with generous parking and turnaround space, 1-car garage, expert landscaping, a 2022 irrigation system, extensive stonework and hardscaping, shimmering in-ground pool, hot tub, stone patio, attached pergola, garden shed, and a fully fenced rear yard backing to majestic trees provide a true outdoor oasis. Inside, a light filled open floor plan, warm hardwood flooring, on trend designer paint, decorative moldings, 2 fireplaces, chic upgraded lighting, Plantation shutters, and a renovated kitchen and updated baths create instant appeal. Updates including a new pool heater in 2021, new pool pump in spring 2025, a new refrigerator in 2023, new hot water heater and microwave in 2025, and more make it move-in ready. An open foyer welcomes you as hardwood flooring flows into the spacious living room where an elegant fireplace serves as the focal point of the room. Opposite the foyer, the dining room is accented by chair rail and a designer chandelier adding refined style. The renovated kitchen with contemporary finishes is sure to please with gleaming granite countertops, custom 2022 backsplashes, and stainless-steel appliances. Steps away, the family room with a floor to ceiling brick fireplace beckons you to relax and unwind. The living and dining areas open to the patio and fenced yard with the amazing pool and hot tub, making it ideal for indoor and outdoor entertaining. A powder room and a walk-in pantry, laundry/mudroom round out the main level. Hardwood flooring continues upstairs and transitions to plush carpeting in the primary suite boasting crown molding, a lighted ceiling fan, and a private renovated ensuite bath featuring a frameless glass enclosed shower. Three generously sized bedrooms, each with crown molding and lighted ceiling fans, share access to the renovated hall bath. You are close to the GW Parkway, the Potomac River, Old Town shopping and restaurants, and key commuter routes. The home is zoned for Belle View, Sandburg, and West Potomac schools, with no HOA. For a quality-built home infused with countless modern upgrades and contemporary style in a spectacular location, look not further, 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.
