VA loan
1 of 71
VA loan
$2,100,000 SIGNIN

Sign in to see required down payment for the 5.125% rate

1134 Towlston Rd, Great Falls, VA 22066

6 beds · 6 baths · 5,278 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

Welcome to this stately contemporary-style residence nestled in the well-sought-after neighborhood of Great Falls, VA, offering breathtaking views and an outdoor-indoor lifestyle of sophistication and comfort. Conveniently located within 2 miles from Tysons Corner, and easy access to Route 7, I-495, and 267. Minutes from Wolf Trap National Park, the Tech Corridor, and Dulles Airport. Property zoned for Langley Pyramid schools; Colvin Run, Cooper Middle, and Langley High School. Stepping into the main level, you are welcomed by an open and bright, recently opened up in 2024, entrance featuring new windows and elegant flooring that leads you to the main living room perfect for entertaining with giant windows throughout and a woodfire burning fireplace for cozy winter nights. The main foyer features another fireplace and leads you to a formal dining room adjacent to the bright and spacious kitchen, featuring stainless steel appliances and spiral stairs with a brick featured wall leading to the upper level. Spacious family room with ton of windows, skylights, sliding doors inviting the stunning and private views from the backyard in. The living room takes you onto an expansive new 2024 custom concrete patio with retaining walls, built-in benches, and sleek metal railings, a true entertainer delight perfect for hosting parties. Upper-level features 5 bedrooms, illuminated by natural light from skylights and newly installed windows (28 windows replaced in late 2023!). The custom primary suite is a truly unique retreat with vaulted ceilings, giant windows hugged by beautiful trees, custom window shades, and a spa-inspired en-suite bathroom with an oversized walk-in built-in closet. Fully finished basement features new laminate flooring, paint, lighting, cyder closet, in addition to fully-renovated full bathroom 2025, which makes it a flexible space for a home gym, media room, or guest quarters. Above the garage, a fully outfitted and permitted ALU apartment rental unit thoughtfully renovated in 2023. The apartment includes full kitchen addition with new cabinetry, countertops, eat-in island, and modern appliances. Recessed lighting highlights the new hardwood flooring and freshly painted walls. The space is equipped with full laundry unit, a separate HVAC system with a new thermostat, for customized comfort. A renovated balcony 2024 provides a tranquil setting for morning coffee or evening relaxation. This can be a prefect space for in-laws, extended-stay visitors, game room, or private business space, space so versatile to accommodate your family needs. The air-conditioned 2 car garage offers exceptional storage and a new garage door 2023. The garage connects to a dedicated home office space featuring a sliding door to the backyard through a new concrete patio 2024. Step outside to the beautiful flat, usable, and well-manicured 2-acre corner lot, partially fenced and surrounded by mature trees for optimal privacy and serenity. The outdoors is complimented by concrete driveway extension, elegant side metal gate, built-in playground and enough space for a pool, pool house and much more. The circular driveway allows for easy access and can accommodate up to 14 vehicles—a rare find in Great Falls! With no HOA, this property offers flexibility for personalization and additions. Enjoy year-round peace of mind thanks to extensive upgrades and repairs completed between 2023-2025, including two new HVAC systems with smart thermostats, electrical panel upgrades, new commercial water heater, outdoor smart lightings and security cameras, fresh paint throughout, new appliances, and new rain-gutter system. This is a must-see property and one-of-a-kind opportunity to own a thoughtfully upgraded and meticulously maintained home in a prime Great Falls location.

Estimated
Seller's interest rate
5.125%
7%
Estimated
Monthly payment

$7,446
$8,661
You may also save up to $398,490 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $8,661 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
5.125%
Remaining term
27 yrs and 4 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$7,446
Principal & interest
$5,854
Mortgage insurance
-
Property taxes
$875
Home insurance
$717
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
5,278 sqft
Lot size
2.0 acres
Year built
1946
Type
Single Family Residence
HOA dues
$0.00

Source: BRIGHT #VAFX2229884

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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 620, 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.

View all FAQs
Last updated: May 07, 2025 11:31 am
Listing agent: Christopher Craddock (703) 688-2635
Listing provided courtesy of: EXP Realty, LLC (833) 335-7433
Details provided by BRIGHT and may not match the public record.
MLS ID: #VAFX2229884
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Roam Brokerage, LLC participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2025 Bright MLS. All rights reserved.
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$7,446
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