**Back on Market, Come see and make it yours** Join us for an open house this Saturday May 02 from 12 to 2 PM. HVAC AND WATER HEATER RECENTLY CHANGED. Welcome to 7635 Monitor Ct in Manassas—a beautifully updated 3-bedroom, 3.5-bath move-in ready home in the highly desirable Paradise community. This well-cared-for home showcases numerous recent improvements, HVAC (2026), Water Heater (2026) including newer roof , fresh interior paint (2026), fully updated kitchen with new countertops, cabinetry, and flooring (2026), and newer luxury vinyl flooring throughout the main and upper levels and basement flooring (2026), New vanities on bathrooms (2026), wash and dryer (2026) .Additional upgrades include modern light fixtures, recessed lighting (2026), and brand-new stainless steel appliances—refrigerator, microwave, and dishwasher (2026). The deck has been refinished and painted, with both the deck and patio freshly power washed in 2026—perfect for outdoor enjoyment. The primary bathroom has also been tastefully updated in 2026. Inside, the home features a bright, open layout across three fully finished levels. The main level is ideal for both daily living and entertaining, highlighted by a stylish kitchen with granite countertops, new cabinetry, and seamless flow into the dining and living areas. A cozy family room opens to the refreshed deck, creating the perfect indoor-outdoor connection. A convenient half bath completes this level. Upstairs, you’ll find three generously sized bedrooms filled with natural light. The primary suite offers vaulted ceilings, a private en-suite bath, and a relaxing atmosphere. Two additional bedrooms and a full hallway bath complete the upper level. The fully finished walk-out lower level provides versatile space for a recreation room, home office, gym, or media area, along with another half bath and direct access to the fenced backyard. Additional features include a one-car garage, driveway parking, and plenty of guest parking. Ideally located just a short walk to Bull Run Shopping Center, with dining, retail, and everyday conveniences nearby. The public library is also within walking distance. Enjoy easy commuting with quick access to major routes, a nearby VRE station, and Washington Dulles International Airport just about 20 minutes away.
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.
