111 Cacapon Ln, Cross Junction, VA 22625
4 beds · 3 baths · 2,839 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Stunning MOVE-IN READY Colonial home on 2.72 private acres—with NO HOA! Don’t miss this incredible opportunity to own a beautifully-maintained 4-bedroom, 2.5-bath home offering over 2,800 sq. ft. of spacious living on a corner lot in an upscale western subdivision. Nestled on 2.72 level wooded acres, there is plenty of room for a large garden, animals or play equipment. Make sure to check out the large shed for all of your outdoor storage needs. The main level boasts a formal dining room, a bright and open kitchen/living area with a cozy gas fireplace, and a versatile bonus room—perfect for a home office, playroom, or second lounge. Upstairs, the expansive primary suite features an ensuite bath and a large walk-in closet, while three additional bedrooms and a second full bath provide plenty of space for family or guests. Mostly finished walk-out basement with rough-in plumbing and framed space for a future bath, as well as a huge rec room and storage room that could easily be finished for a guest suite, movie theatre or home gym. Stylish updates include newly installed waterproof LVP flooring on both levels … NO CARPET! NEW 30-year architectural shingle roof (installed October 2024). Relax on the welcoming front porch or entertain on the back deck overlooking serene, tree-lined views. State-maintained roads offer quick access to Route 522 and is only 25 minutes from Winchester and 20 minutes from Berkeley Springs. This well-maintained and spacious home offers tremendous space with exceptional value!
Source: BRIGHT #VAFV2033790
Source: BRIGHT #VAFV2033790
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.