163 Schyrock Dr, Stephens City, VA 22655
3 beds · 3 baths · 1,657 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Think about waking up in a home that feels like it was made just for you—where everything is fresh, modern, and built for the way you live. That’s exactly what you’ll find here. Built in 2023, this home gives you all the perks of new construction without the wait, the stress, or the unexpected delays. It’s move-in ready and sitting on a prime corner lot, giving you extra breathing room and a sense of space that’s hard to come by.<br> <br> Step inside, and you’ll feel it immediately—an open, flowing layout that just makes sense. Natural light pours into the living spaces, making every morning feel a little brighter and every evening a little more peaceful. The kitchen is sleek, efficient, and ready for anything, whether it’s a quick weekday breakfast or a weekend dinner with friends. Upstairs, the bedrooms offer just the right balance of privacy and comfort, with a primary suite that feels like your own personal retreat at the end of the day.<br> <br> But this home isn’t just about looks—it’s packed with smart, high-end features designed to make life easier. The garage comes equipped with a Tesla charger, so you’re always ready to hit the road. CAT-6 wiring runs throughout the home, giving you lightning-fast connectivity in every room. A security camera system conveys, providing peace of mind from day one. And here’s something you won’t find every day—an assumable VA loan at just 5% interest, a rare opportunity that makes owning this home even more of a smart financial move.<br> <br> Step outside, and the fully fenced backyard becomes your own private escape. Whether you’re sipping coffee in the morning or unwinding after a long day, this space is yours to enjoy, no upgrades or repairs needed. Everything here is done—all that’s left is for you to move in and start living.<br> <br> Perfectly located with easy access to shopping, dining, and major commuter routes, this home offers the best of modern living with everyday convenience. The only thing missing? You. Come see it in person and feel what it’s like to finally find a home that has it all.
Source: BRIGHT #VAFV2024552
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFV2024552
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.