🏡 Mountain Views Meet Modern Comfort – A Peaceful Retreat Minutes from Town. Welcome to 8089 Moormont Road — a 5,219 sq. ft. A-Frame chalet mountain retreat set on 3.42 private acres with breathtaking panoramic Mountain Views. Designed for those craving peace without isolation, this home combines mountain serenity with modern convenience just minutes from town. Nestled between the renowned Hallmark-style town of Orange and vibrant Culpeper, enjoy quiet country living with easy access to everyday essentials *10 minutes to Orange, with boutique shops, horse races, and “Music in the Park.” *10 minutes to top schools like Grymes Memorial and Woodberry Forest. *20 minutes to Culpeper for Target, Culpeper Forest School, dining, and wineries. *High-speed fiber internet with 1 GB download speeds—perfect for remote or hybrid workers, streaming enthusiasts, and those who want reliable modern connectivity without giving up the mountain lifestyle. Main Level – Vaulted great room with open layout and expansive windows, new stainless-steel appliances in a spacious kitchen, living room with fireplace, dining room framed by mountain-view casement windows, flexible playroom/ family room, and a primary suite with drop-ceiling lighting, spa-style bath, and walk-in closet. Laundry and half bath are conveniently located on this level. Upper Level – Three bedrooms, two with new sliding glass doors leading to refinished balconies; one oversized room with four closets and a cozy window seat. Updated lighting and full bath complete the floor. Lower Level – Home gym or bonus space, movie lounge with French Provincial bar and Tiffany fixture, encapsulated crawl space, workshop, and walk-out recreation room with space for a pool or ping-pong table. Highlights • Vaulted A-Frame architecture and abundant natural light • Fiber internet (1 GB download) for seamless work and streaming Major Updates-additional updates in the documents section • 4 new sliding glass doors & refinished balconies • All new stainless-steel kitchen appliances • New HVAC systems • New well pump, wiring, and main water line • Newly insulated and air-sealed attic • Updated lighting, carpets, and flooring • Crawlspace encapsulation, sump pump, and dehumidifier ❤️ The Best of Both Worlds A mountain-view retreat close to renowned schools, charming small towns, and modern amenities. Whether you’re raising a family, working remotely, or simply seeking space to breathe, 8089 Moormont Road offers the rare blend of privacy, beauty, and connection- a sanctuary close to everything that makes Virginia special.
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.
