You’ll love this rarely available end-unit townhome backing to trees, offering a spacious yard, added privacy, and a setting that truly stands out within Hunter Village / Daventry. Freshly painted throughout and thoughtfully updated, this home is move-in ready with a clean, modern feel. The main level features an open and functional layout with hardwood floors connecting the living and dining spaces—ideal for both everyday living and entertaining. The kitchen offers white shaker cabinetry, generous counter space, a new oven, and a sun-filled eat-in area with oversized windows that bring in natural light and peaceful wooded views. Upstairs, the primary suite includes a walk-in closet and an updated bath with new flooring, dual pedestal sinks, and a walk-in shower. Two additional bedrooms and a full hall bath complete the upper level. The lower level provides excellent flexibility with a spacious family room centered around a fireplace—perfect for relaxing, working from home, or hosting guests. This level also features new carpet, updated lighting and ceiling fan, a half bath, and a laundry/storage area with ample space. Step outside to a fully fenced backyard with a large patio, ideal for entertaining or unwinding in a quiet, tree-lined setting. The location within the community is especially unique, backing directly to a multi-mile trail that leads to Lake Accotink—perfect for running, walking, or biking right from your backyard. Additional highlights include an oversized one-car garage, new attic insulation, and major system updates including a newer HVAC system and water heater—offering added comfort and peace of mind. For commuters, this location delivers with easy access to 495/395/95, Metro and VRE options, a Pentagon bus stop within the community, and a nearby commuter/slug hub. All of this, just minutes to Springfield Town Center, Kingstowne, parks, trails, and Accotink Creek, and zoned for the West Springfield 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.
