100 Hemlock Ln, Mineral, VA 23117
4 beds · 3 baths · 2,184 sqft
Discover your new lifestyle at this lake-access retreat, located on the fun public side of the lake, in a premier subdivision at Lake Anna. Tucked away on a 1.12 acre lot with mature trees that provide privacy making it the perfect primary home or getaway spot to relax and enjoy the lake lifestyle. Situated within a gated community, this home features 2,184 finished square feet, 4 bedrooms, 2.5 baths and an open floor plan. The family room showcases new LVP flooring, and a corner gas fireplace that is open to the breakfast area, coffee bar and the spacious kitchen that has a center island and tile backsplash. Separate formal dining room, a home office and a half bath complete the main level. The primary ensuite is equipped with a walk-in closet, jetted tub, separate shower and double vanity. There are three additional bedrooms on the second level, one that features a kitchenette and is perfect to use as an in-law suite or for guests! There is also a full bath and laundry on the second level. But that's not all! There is a third level that offers 340 unfinished square feet that could be finished and used as a 5th bedroom, game room, home theatre or office! Sliding glass doors lead you to the back deck and there is also a patio that is plumbed for a gas fire pit and has a mini fridge making it the perfect place for gatherings, BBQ's and entertaining your family and friends. Fenced in back yard is great for children and pets. Shed conveys! The built in oversized 1 car garage with cabinets is ideal for your workshop or storing lake toys. Beyond its natural beauty, the community offers a range of amenities to enhance your lifestyle, including spending your days boating, fishing, or simply soaking up the sun on the shores of the lake. Nestled in the sought after Pine Harbour Subdivision, a gated community on the lake. Great mid-lake location just minutes to groceries, dining, Lake Anna Taphouse and more! Explore hours of fun at the common area where you can launch your boat and enjoy the large picnic pavilion, gazebo and boat slips that are available for lease on a yearly basis, and there are several slips available to use on a first come, first serve basis. Golf Cart friendly community! Whether you seek a peaceful weekend retreat or a year-round primary lake home, this is the perfect place to start your new adventure! Fiber Firefly internet lines are currently being installed in the neighborhood. Upstairs HVAC unit 2021 and new gutters have been installed.
Source: BRIGHT #VALA2007244
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Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Rates and payments are estimates based on public records.
Source: Public records
Source: BRIGHT #VALA2007244
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.