10021 Rinker Dr, Mechanicsville, VA 23116
3 beds · 2 baths · 2,063 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 10021 Rinker Dr., a beautifully updated 3-bedroom, 2-bathroom ranch-style home in the heart of the Atlee area. Step inside to stunning hardwood floors and an abundance of natural light streaming through the large picture window in the inviting living room. French doors lead to a versatile space—ideal for a home office, playroom, or reading nook. The bright and airy eat-in kitchen showcases stainless steel appliances, crisp white cabinetry, and ample storage. For more formal gatherings, the elegant dining room features a white and gold gas fireplace, adding warmth and charm. A spacious newly remodeled sunroom offers the perfect spot for morning coffee, with a convenient pass-through window connecting it to the rest of the home. Down the hall, the serene primary suite features a walk-in closet and a private ensuite bath. Two additional bedrooms provide generous closet space and share a beautifully remodeled full hallway bath. Step outside to a large wooden deck with built-in seating, perfect for entertaining or unwinding in the fresh air. The fully fenced backyard offers space for gardening, play, or simply soaking up the sun, and the detached 1-car garage offers additional space for storage or DIY projects. Other features include newer roof (2019), newer HVAC (2019), new water heater (2025) and new porch railings (2025). This home is a true Mechanicsville gem—schedule your showing today!
Source: CENTRALVIRGINIA #2507310
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALVIRGINIA #2507310
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.