**Stunning Townhome in a Tranquil, Gated Community** Welcome to this beautifully maintained and thoughtfully updated townhome, nestled in a peaceful community with controlled access. Ideally located just minutes from Old Town Alexandria, Huntley Meadows Park, National Harbor, and Fort Belvoir, this home offers both convenience and charm, along with easy access to shopping, dining, and major commuter routes. Perfect for Washington, DC commuters, the property is close to major highways, Huntington Metro Station, multiple public transit options, and Reagan National Airport (DCA). This elegant three-level home features 3 bedrooms, 2.5 bathrooms, and an abundance of natural light throughout. The main level boasts brand-new hardwood floors, high ceilings, and an open, airy layout. The modern kitchen is equipped with granite countertops, stainless steel appliances, and recessed lighting. A cozy gas fireplace and a convenient half bath complete this level, along with a separate dining area highlighted by a stylish chandelier. One of the home’s standout features is its rare private backyard—fully fenced and professionally landscaped—perfect for entertaining, grilling, or simply relaxing outdoors. The entire second level is dedicated to an expansive primary suite, offering a true retreat. This space includes a sitting area with architectural columns, a linen closet, and a large walk-in closet. The luxurious en-suite bathroom features double vanities, a soaking tub, and a separate shower. The third level includes two additional bedrooms and a full bathroom, ideal for family, guests, or a home office setup. Additional highlights include: * Attached garage plus private parking space and ample off-street parking * Meticulously maintained and move-in ready *Full HVAC upgrade including additon of EnviroAire UV-C whole-home air purifier 2025; ELECTRIC PANEL Upgrade 2026 and WATER HEATER 2026.
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.
