7807 Fieldcrest Ct, Falls Church, VA 22042
4 beds · 3 baths · 2,703 sqft

Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 7807 Fieldcrest Ct, a beautifully maintained and thoughtfully updated home located in a peaceful cul-de-sac in Falls Church, VA. This residence offers the ideal blend of comfort, convenience, and tranquility, with all four levels fully finished to accommodate a variety of lifestyle needs. The basement was newly finished in 2022, providing additional versatile living space. The upstairs hallway bathroom was tastefully renovated in 2024, and the downstairs bathroom was refinished in 2017, showcasing a commitment to ongoing care and improvement. Nestled among mature trees, this home enjoys a serene setting with minimal traffic thanks to its prime position at the entrance of the cul-de-sac. Enjoy the convenience of being within close proximity to nearby community amenities, including a local school and the scenic Luria Park. The Mosaic District in Merrifield is less than 3 miles away, offering a plethora of outdoor shopping and dining. Whether you're commuting or exploring the area, you'll appreciate the home's easy access to major routes such as I-495, I-66, Rt 50, and the Dunn Loring Metro Station, which serves both the Orange and Silver lines. This property presents an exceptional opportunity for anyone seeking a well-located, move-in-ready home in a vibrant Northern Virginia community.
Source: BRIGHT #VAFX2235190
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFX2235190
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.
