Welcome home to Laurel Hill! This stunning five-bedroom home embodies modern elegance with luxurious upgrades and refined finishes at every turn. The main level opens with a formal living room and an elegant dining room featuring sophisticated wainscoting and crown molding, all illuminated by large windows and set on rich Ebony hardwood flooring that establishes the home's refined character. Anchoring the heart of the home, the chef's kitchen features an oversized island breakfast bar that flows seamlessly into the family room for effortless entertaining. Built-ins surround the ventless ethanol gas fireplace, creating a cozy place to relax. Sleek granite countertops and a stylish tile backsplash set a sophisticated tone, while stainless steel appliances - including double smart ovens with built-in air fryer and voice control - complete this luxuriously appointed space. A dedicated home office rounds out the main level, ideal for working from home in style. Upstairs, the primary bedroom delivers a truly luxurious retreat, featuring a stunning tray ceiling, plush carpeting, a contemporary ceiling fan, and expansive proportions that easily accommodate a private sitting area - topped off by a massive walk-in closet with built-in custom shelving. Equally impressive, the en suite primary bathroom offers a lavishly appointed escape to refresh and unwind, with a soothing soaking tub and oversized frameless glass door shower. Three additional generously sized bedrooms and two full bathrooms complete the upper level. Head downstairs to discover a fully finished walk-up lower level designed for flexibility and versatile living. An expansive recreation room offers endless possibilities for relaxing and entertaining, while a fifth bedroom and fourth full bathroom create a private, welcoming retreat perfect for guests or extended family. Outside, the private deck is made for making memories - fire up the grill for summer cookouts, host al fresco dinner parties, or simply unwind as the evening winds down. Built-ins, custom blinds, and professionally curated Sherwin Williams paint throughout complete the picture of a truly move-in-ready home, with a two-car garage and long driveway providing abundant parking for residents and guests alike. Right across the street, the outdoor pool, fitness center, yoga room, and community room await, along with a playground and jogging path along the Cross County Trail, Disc golf course and a convenient commuter bus stop serving the neighborhood. Just minutes to Lidl, Giant, Laurel Hill Community Center, Workhouse Arts Center, INOVA Healthplex, and Fort Belvoir. Quick access to I-95, Route 123, Route 1, and the Fairfax County Parkway. Don't wait to make this extraordinary home yours - schedule a 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.
