*Open Houses: 1-3 PM Saturday, February 7.* Welcome to 9622 Ridge Avenue, a meticulously cared-for, designer-finished townhome offering four true bedrooms, three and a half baths, and a flexible garage in an unbeatable Fairfax location near Inova Fairfax Hospital, and miles of connecting trails. Step inside to a bright two‑story foyer with updated railings and gray‑stained hardwoods that flow into a spacious, open‑concept main level where a fireside sunken living room, dining area, and recently renovated kitchen create an easy backdrop for both everyday living and entertaining. Sunlight pours in through the rear wall of windows and doors, extending the living space onto an expansive upper deck that comfortably fits a sectional and overlooks treetops and open common area, with a lower deck and walkway providing rare double‑deck outdoor living and direct access to the trail network. Upstairs, three generous and stunning bedrooms, with the smallest serving as a charming nursery with a walk‑in closet and the secondary bedroom easily accommodating two beds plus another walk‑in. The vaulted primary suite is a serene retreat with an arched window, sleek flooring, and two separate walk‑in closets both with built in organizers, one measuring 6x6' and the other 6x4'. A show-stopping spa bath completed about two years ago, featuring tiled walls, a freestanding soaking tub, heated towel rack, bidet with heated seat, luxury rain shower with niche, dual deep medicine cabinets with power, and sophisticated lighting that allows you to tailor the warmth and ambiance. A well‑maintained hall bath serves the secondary bedrooms, attic access with the large attic running above the bedroom level and primary bath to offer excellent storage. Throughout the home, fresh neutral paint, thoughtful lighting, and cohesive finishes mean there is truly nothing to do but move in and enjoy. The walkout lower level was intentionally designed to feel like a bright family room rather than a basement, with high ceilings, “polar white” walls, updated flooring, and a modern fan‑light fixture anchoring a media-ready space currently set up as a theater-style playroom and office. A private fourth bedroom with two full egress windows, giving flexibility for guests, or multi‑generational living; a semi‑renovated full bath with new vanity serves this level. Beyond the finished spaces, an exceptionally deep storage area, under‑stair storage, and a large laundry room offer room for organization, or hobbies, while a newer water heater and recently serviced HVAC and dryer vent provide peace of mind. Outside curb appeal with modern black stone, thoughtfully placed shrubs, and a private front walkway distinguishes this home. In back, the sturdy deck system, cleared trees, and wooded backdrop create a private, low‑maintenance setting. The converted two‑car garage is currently an insulated home gym with fans, and storage behind the curtain wall. Perfectly positioned in a “hidden gem” enclave of Fairfax, this move‑in‑ready home combines rare square footage, four-bedroom functionality, and thoughtful upgrades make 9622 Ridge Avenue an exceptional opportunity for buyers seeking style, convenience, and long‑term value.
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.
