14700 Ducktan Loop, Gainesville, VA 20155
3 beds · 2 baths · 2,187 sqft
Get a free consultation call with an expert in the mortgage assumption process.
"INCREDIBLE VALUE!" Close to 2500 sqft, end unit townhouse, in sought after Somerset. updates galore with no expense spared, just within the past two years, HVAC, water heater & all appliances have been changed, New paint, new flooring, refreshed bathrooms and so much more. just bring your stuff and step into your new home, you'll love welcoming friends, family and guests through your wide foyer entry space, into your oversized hall with a spacious bump out the opens to a very nice outdoor space, first floor features an open light filled living/dining combo, you'll joyfully enjoy making incredible meals in your new kitchen, all your handy dandy appliances will be spectacularly displayed one your wonderfully contrasting trending quartz countertop, your morning coffee will taste pleasantly different in your sun filled breakfast nook, and don't forget that extra bump out space for luxury and leisure, upper floor features 3 well generously sized bedrooms and 2 well designed full bathrooms that leave nothing to be desired. and as if that's not enough you also get Tons of extra parking in a nice and quiet community, truly a turn key property at an amazing price. and did you know about all the new developments in the area, schedulle a showing today to make this home your own and take advantage of a steadily appreciating market for a fantastic investment. All offers are reviewed as they are received.
Source: BRIGHT #VAPW2089438
Source: BRIGHT #VAPW2089438
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.