13104 Pershing Dr, Manassas, VA 20112
5 beds · 4 baths · 3,388 sqft

Get a free consultation call with an expert in the mortgage assumption process.
OPEN HOUSE CANCELLED This house is very unique and a rare opportunity to own a home of such caliber. Large home with close to 3,400 square feet of finished space on almost 2 acres of partially wooded premium land. It is the 3rd largest lot in Valley Vue and is located within the Colgan HS boundaries. Assumable VA loan with a 2.5% rate! This property is in immaculate conditions, with elegant wood flloor, large rooms, large owner-suite and bathroom with spectacular nature views. The 2 car garage is finished and includes convinient ceiling racks for additional storage. Valley Vue is a picturesque neighborhood of streets lined with mature trees and gorgeous homes with well manicured lawns. You will be in awe anywhere you look. That is not all. Here is what makes this home uniquely amazing. You will make wonderful memories enjoying your favorite movies in its fully equiped movie theater. Summers will never be the same once you enjoy the in-ground pool and also in-ground spa&jacuzzi. Do not worry if it gets a little chilly, the pool and spa are also heated. Pool chairs and other equipment included. There is also a basketball court, the entire backyard is already fenced in, a deck off the living room connecting to a patio leading back into the daylight basement. Riding and push lawn mowers included. The roof and gas furnace with air scubber are 4 years old (2021). Check out the pictures and videos.
Source: BRIGHT #VAPW2091318
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAPW2091318
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.
