Welcome to this fully renovated home in the highly sought-after Langley Oaks neighborhood, located within walking distance of Langley High School and just a short drive to Washington, D.C. Situated on a private, secluded half-acre lot with mature trees, this exceptional property provides luxury, privacy, and convenience in one of McLean’s most coveted communities. Featuring 5 bedrooms, 3.5 bathrooms, and an oversized 2-car garage, every detail has been thoughtfully updated. Highlights include new hardwood floors throughout, all-new recessed lighting, updated plugs and switches, upgraded electrical panel, new HVAC system, new hot water heater, and a beautifully redesigned chef’s kitchen with high-end appliances. The kitchen overlooks a bright breakfast area and the private backyard oasis, complete with a massive travertine pool deck, fully updated pool with brand-new equipment, fire pit, and expansive entertaining space. The main level also includes a spacious living room, formal dining room, and generous family room with a wood-burning fireplace that opens to the large walk-out deck and pool area. Upstairs, you���ll find four bedrooms with hardwood floors, including a spacious and private primary suite. Elegant marble finishes and beautiful tile work elevate the newly renovated baths. The lower level includes incredible flexibility with a private bedroom, full bath, generous recreation space, and large storage area with shelving. Located just 100 yards from the entrance to Langley Oaks Park, this home provides peaceful nature, walking paths, and a strong community feel while remaining minutes from McLean, Tysons Corner, Tysons Galleria, Georgetown Pike, GW Parkway, I-495, I-66, Dulles Toll Road, the Silver Line Metro, Great Falls Park, and Clemyjontri Park. A rare opportunity in the coveted Langley High School pyramid.
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.
