13522 Old Dairy Rd, Herndon, VA 20171
4 beds · 3 baths · 2,022 sqft
***UPDATE: OFFER DEADLINE SET FOR MONDAY 3PM*** Welcome to this charming and beautiful three-level Victorian-style home in the highly sought-after Franklin Farm Community! With an inviting design and abundant natural sunlight, this home offers both warmth and functionality. The main level boasts an open layout, perfect for both everyday living and entertaining. The well-appointed kitchen flows seamlessly into the dining and living areas, while the conveniently located laundry area, bedroom, and full bathroom add to the home's practicality. Upstairs, you'll find two spacious bedrooms and another full bathroom, providing comfortable accommodations for family or guests. The lower level offers endless possibilities, featuring a large recreation area, two bonus rooms, and yet another full bathroom—ideal for a home office, gym, or guest suite. Step outside to enjoy the fenced backyard, complete with a deck and a patio with a fire pit—a perfect space for relaxing or entertaining under the stars. Location is everything, and this home is just minutes from grocery stores, restaurants, shops, and more. Commuters will love the convenience of being less than 5 miles from the Herndon Station South Pavilion Metro and about 5 miles from Dulles International Airport. Plus, with easy access to Fairfax County Parkway, Route 28, US-50, and the Dulles Toll Road, getting around the area is a breeze. Don’t miss the opportunity to own this beautiful home in an unbeatable location—schedule your tour today!
Source: BRIGHT #VAFX2229154
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFX2229154
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.