Welcome home to this beautifully maintained 3-bedroom, 2 full and 2 half bath townhome offering over 2,200 square feet in the intimate 38-home Covered Bridge community. Step inside to an open, light-filled main level featuring rich hardwood floors and inviting living spaces. The spacious dining area flows seamlessly into a chef’s galley kitchen with dark cherry cabinetry, granite countertops, stainless steel appliances, and a wall oven. Just beyond, the generous family room offers recessed lighting and French doors leading to a private deck, perfect for indoor-outdoor living. Upstairs, the primary suite features a custom walk-in closet and a spa-like primary bath with a glass-enclosed shower and dual vanity. Two additional bedrooms offer ceiling fans, spacious closets, and access to an updated full bath. The fully finished lower level provides flexible living space with a cozy rec room featuring a wood-burning fireplace and French doors opening to the patio. A separate bonus room is ideal for a home office, gym, or guest space. Step outside to enjoy professionally landscaped front and back yards surrounded by mature trees, offering privacy and a peaceful setting. The private deck with built-in privacy walls overlooks a stunning stone paver patio below. A custom-built shed with electric provides convenient additional storage. Recent upgrades include new roof (2024), water heater (2021), updated bathrooms (2021), windows (2016), fresh paint throughout, recessed lighting, water softener system, and HVAC professionally serviced in 2025. Located in a prime commuter location with easy access to I-95, Fairfax County Parkway, and Route 1. Close to Franconia-Springfield Metro, Lorton VRE, Fort Belvoir, and major destinations including DC, the Pentagon, and Reagan National Airport. Enjoy nearby parks, golf, trails, shopping, and dining, plus access to a private community trail connecting to Fairfax County trail systems along the Pohick River. Some photos virtually staged.
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.
