Tucked away on nearly 1.5 private acres across two lots, this charming country retreat offers the peaceful setting you've been dreaming of. Surrounded by nature and nestled among the trees, the home provides a sense of privacy while still offering convenient access to modern amenities and commuter routes. The inviting living room serves as the heart of the home, featuring a beautiful new wood-burning fireplace and double French doors that open onto an incredible screened front porch. With its elevated views and natural surroundings, the porch creates a true treehouse-like experience—perfect for relaxing with your morning coffee, enjoying a good book, or unwinding after a long day. Offering 4 spacious bedrooms and 3 full bathrooms, the home provides plenty of room for family and guests. The generously sized Owner's Suite features private access to the screened porch, creating a peaceful personal retreat. The walkout basement includes newer carpet and opens to a covered porch area, extending your outdoor living and entertaining options. Natural light and comfortable living spaces create a welcoming environment. A conveniently located laundry room just off the kitchen enhances everyday functionality. Outside, you'll find a storage shed, a fenced in garden area, and a spacious backyard. The two lots combine to create approximately 1.4 acres, providing additional privacy, room to roam, and endless possibilities for outdoor enjoyment. The roof was replaced just 14 months ago, and the wood-burning fireplace is new, offering added peace of mind for years to come. Residents enjoy access to community amenities including Deer Lake and Blue Mountain Lodge. High-speed internet is available, making remote work and streaming a breeze. Located just minutes from I-66, this property offers an ideal commuter location while remaining close to hiking trails, wineries, golf courses, restaurants, and all the conveniences of the Town of Front Royal. The property is located within a Sanitary District, with fees conveniently included in the real estate taxes. Whether you're searching for a full-time residence, weekend getaway, or mountain retreat, this unique property combines privacy, character, and convenience in one beautiful package.
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.
