Welcome to 9590 Blackbird Loop, a completely renovated luxury residence located in the coveted Dove Hills Estates—where elegance, privacy, and refined living come together seamlessly. As you arrive, the property immediately impresses with a beautiful outdoor living area featuring custom hardscape, a built-in fireplace, ample seating, and a cabana, creating a resort-style setting ideal for entertaining or relaxing year-round. Lush gardens and mature flower beds surround the home, offering exceptional curb appeal and a dream landscape for those with a green thumb. Step inside and be welcomed by a grand two-story foyer showcasing updated tile flooring and a gracious staircase with modern spindles, setting the tone for the luxury found throughout the home. Thoughtful renovations and elegant lighting elevate every space. The recently renovated kitchen is truly a chef’s paradise, featuring a large island, gas cooktop, built-in oven and microwave, and an abundance of workspace. The eat-in kitchen opens effortlessly into a stunning great room with a fireplace, offering generous space for gathering with friends and family. This home is truly an entertainer’s dream. The main level also offers a formal living room and dining room, perfect for hosting special occasions, as well as a first-floor bedroom or office with a nearby full bath. This versatile space functions beautifully as a guest suite, home office, or additional living area—providing flexibility for a variety of lifestyles. Upstairs, you’ll find four spacious bedrooms, including a luxurious primary suite with large walk-in closets. The second-floor laundry room is designed for convenience, featuring two washers and two dryers, ideal for accommodating a larger household. The fully renovated lower level expands the home even further, offering exceptional potential as an in-law suite, income-producing space, or private guest retreat. The basement includes a full bedroom, full kitchen, family room, full bath, and laundry area, making it perfect for extended stays or multigenerational living. Situated on over 1.5 acres, this property offers remarkable privacy while remaining centrally located near Orange, Culpeper, and Madison, with easy access to Fredericksburg, Charlottesville, Washington, D.C., and Richmond. Enjoy the best of both worlds—peaceful living with unmatched convenience. Luxury, grace, and elegance define this exceptional home. You do not want to miss the opportunity to own one of Dove Hills’ finest properties.
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.
