8711 Farnham Way, Bristow, VA 20136
5 beds · 4 baths · 2,720 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome Home! Are you searching for a stunning end-unit townhome in a peaceful, well-kept community? Look no further! This spacious five-bedroom, three-and-a-half-bath home has everything you need—and more. Enjoy the beauty and practicality of zero carpet throughout the home, plus an expanded basement that includes an additional bedroom and a dedicated office space—perfect for guests or working from home. Safety and peace of mind are a priority, and with a newly installed ADT security system, you'll feel secure and protected from day one. Love to cook? You’ll fall in love with the modern kitchen, featuring granite countertops and a brand-new dual oven, ideal for preparing multiple dishes with ease. Convenience is key, and this home is located just minutes from Liberia Avenue in Manassas, offering quick access to gyms, grocery stores, restaurants, and a wide range of other amenities. And to complete this warm and inviting home, a new electric fireplace has been added—creating a cozy ambiance that's perfect for relaxing evenings or entertaining guests. As for the community, Sheffield Manor HOA offers a community clubhouse perfect fro your social gatherings that are too big for home, as well as and olympic sized swimming pool and kiddie/wading pool that is supervised at all times by a certified lifeguard! Are you an outdoor person? You’re covered too! With multiple trails, a two acre fishing pond, and multiple tennis, basketball, and pickleball courts for both our nature lovers and our athletes! Don’t miss the opportunity to make this beautiful home yours!
Source: BRIGHT #VAPW2091948
Source: BRIGHT #VAPW2091948
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 and Equal Opportunity Act.