Nestled on a private cul-de-sac in the highly sought-after Lake Manassas community, this extraordinary residence is the definition of turnkey luxury. Backing to serene greenery and meticulously maintained with no detail overlooked, this stunning 5-bedroom, 3 full and 1 half-bath home offers an exceptional blend of timeless elegance, thoughtful upgrades, and modern convenience. From the moment you arrive, the home's impeccable curb appeal sets the stage, highlighted by a newly paved driveway, a premium 50-year architectural roof, and recently updated HVAC systems and water heater—providing peace of mind for years to come. Inside, exquisite craftsmanship is evident throughout with custom crown molding, impressive 7-inch baseboards, detailed 4-piece door trim, and rich hardwood flooring spanning the main and upper levels, complemented by waterproof hardwood flooring in the finished lower level. The gourmet kitchen has been beautifully appointed with custom cabinetry, granite countertops, a marble tile backsplash, and stainless steel smart appliances, creating the perfect space for both everyday living and entertaining. The luxurious primary suite serves as a private retreat, featuring a custom-designed dream closet and a spa-inspired ensuite bath complete with a clawfoot soaking tub, dual vanities topped with Turkish marble, and a brand-new sauna. The fully finished lower level expands the home's living and entertaining space with a custom quartzite wet bar, elegant crown molding, a beautifully renovated bathroom showcasing herringbone marble flooring, and an additional spacious bedroom ideal for guests or multigenerational living. Outdoor living is equally impressive with newly installed Trex decking on both the rear and side decks, a tranquil fountain with a brand-new pump, and a private setting perfect for relaxing summer evenings or hosting gatherings. Further enhancing the home's appeal is a comprehensive smart home system featuring smart switches, outlets, Nest thermostats, security cameras, and more. A rare opportunity to own a truly exceptional home in one of the area's most prestigious gated communities. Every upgrade has been thoughtfully completed so you can simply move in and enjoy. Schedule your private tour today.
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.
