Sign in to see required down payment for the 3.45% rate
7111 Stoneman Rd, Henrico, VA 23228
3 beds · 2 baths · 1,720 sqft
Fully Renovated Tri-Level Home in Prime Location! From top to bottom, no detail has been overlooked! Enjoy peace of mind with brand new vinyl siding, dimensional roof, vinyl windows, upgraded electrical, a brand new HVAC system, and a new water heater. Step inside to find refinished hardwood floors on the main and upper levels, complemented by new lighting throughout. The basement features durable and stylish LVP flooring, creating a perfect secondary living space—ideal for a family room, home office, or even an optional fourth bedroom.The stunning kitchen is the heart of the home with all new cabinetry, granite countertops, stainless steel appliances, and a center island offering extra prep space and seating. The open-concept layout connects the kitchen seamlessly to the dining and family room, making it perfect for entertaining and everyday living. Upstairs, you’ll find three comfortable bedrooms and a beautifully updated full bath. The lower level also includes a half bath and a laundry area for added functionality. Outside, enjoy a detached one-car garage that’s been freshly painted with a new pedestrian door. Please note, the garage is being sold as-is. The fenced-in backyard offers space for pets, play, or gardening. Located just off Broad Street, you’re minutes from popular restaurants, shops, grocery stores, highways, and top-rated schools. This move-in ready home is a must-see!
Source: CENTRALVIRGINIA #2507958
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALVIRGINIA #2507958
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.
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.
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.

No credit check. Takes 2 minutes.