This beautiful brick-front colonial is tucked away on a premium lot in the quaint community of **Innisbrooke**, which offers a wonderfully low-cost HOA. The home welcomes you with an inviting main level featuring gorgeous hardwood floors, nearly all of which have been freshly refinished (2026). You’ll find classic living and dining rooms alongside a dedicated home office, while the light-filled two-story extended family room features a wall of windows that flows into a gourmet kitchen complete with a granite island, custom backsplash, and a brand-new cooktop (2026). Just off the kitchen, the backyard transition is seamless, offering a new low-maintenance Trex deck (2024) and a screened gazebo that backs to peaceful, lush green trees—the perfect spot to relax on Merlot Court and enjoy a glass of your favorite vintage. Warm, custom lighting has been thoughtfully added throughout, perfectly highlighting the professional paint refresh completed across the majority of the home (2025/2026). Since 2022, the property has been meticulously cared for with high-value updates including a new roof with a lifetime shingle warranty (2026), a high-efficiency gas water heater (2022), and a premium air quality system with a whole-home Aprilaire humidifier and HVAC UV light (2025). For those who love to host, the extensive hardscaping and professional landscaping include a gorgeous patio framed by mature crepe myrtle trees and dramatic uplighting for al fresco sunset entertaining. Upstairs, you will find four spacious bedrooms, including a primary suite with dual walk-in closets, a second bedroom with its own private ensuite bathroom, and two additional bedrooms joined by a convenient Jack and Jill bath. The fully finished walk-out basement serves as a fantastic retreat for guests or multi-generational living, featuring the fifth bedroom with a full bathroom nearby, along with a conveyable pool table and dart board. Fitness enthusiasts will love the professional-grade gym equipment that conveys, including a PRx Profile Pro squat rack with pull-up bar, bench, barbell, weight storage, dip station, bumper plates, and change weights. With additional refrigerators in both the garage and the basement, cold beverages are never far away. Modern conveniences abound with a professionally sealed driveway (2026), an updated six-zone irrigation system, eight Blink cameras, and a comprehensive alarm system, all while being moments away from vibrant shopping, dining, and lodging with seamless commuter access via the VRE, bus lines, and the Metro. Professional photos, 3D walkthrough, floor plans, and Matterport on listing by 5/6/26.
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.
