Tucked within an established neighborhood lined with mature trees and a true sense of community, this beautifully maintained split foyer home offers a refined balance of comfort, thoughtful updates, and inviting living spaces. With 4 bedrooms and 3 full baths, the home unfolds with a natural, easy flow across two levels. The main level is filled with natural light, enhanced by fresh paint and subtle recessed lighting that adds warmth without overpowering the space. The kitchen underwent a complete remodel in 2022, including the removal of a wall to create a more open, connected layout. Finished with granite countertops and crown molding, the space now feels both elevated and highly functional, well-suited for everyday living as well as gathering and entertaining. The fully finished lower level introduces a warm and versatile extension of the home, anchored by a fireplace in the family room. A remodeled bar (2022) creates a natural focal point for entertaining, while a fourth bedroom and full bath offer flexibility for guests, private workspace, or extended stays. Walk-out access provides a seamless connection to the backyard. Outdoor living continues with a fully fenced yard and a deck replaced in 2022, offering a fresh, updated space to relax, host, or enjoy time outdoors. Additional features include built-in cabinetry and a wine fridge, adding both character and convenience. Major system updates include the roof (2013), windows (2019), HVAC (2015), and water heater (2014). The lower level bath includes a new toilet (2026). The home is also equipped with a FastTrack System. Ideally positioned with access to Burke, Springfield, Fort Belvoir, Quantico, Pentagon and Washington, D.C., the location supports a variety of commuting needs. Multiple transit options, including Metro, VRE, Express Bus to the Pentagon and commuter parking for slug lines, are close proximity or a short drive, along with convenient connections to major roadways. Nearby shopping, dining, and everyday conveniences, as well as access to regional airports, further enhance the ease of daily living. Local parks, trails, and community amenities, including South Run Rec Center, Burke Lake and Mercer Lake trails that offer additional opportunities to enjoy the outdoors and stay connected to the community. Complete with a 1-car attached garage and a setting that feels both established and connected, this home presents a rare opportunity to step into a space that has been carefully maintained and thoughtfully enhanced over time. It is conveniently located to Hunt Valley Elem. School and Hunt Valley Pool.
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.
