148 Bethany Ln, Fort Valley, VA 22652
4 beds · 5 baths · 3,327 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Are you looking for the perfect mountain retreat? Then look no further! This stunning 4 bedroom, 4.5 bath cape cod is situated on over 4 acres of pristine land! Located minutes to George Washington National Forest- and your lot line borders the Park. Plenty of land to explore and enjoy! Located in a serene and secluded area, this home offers breathtaking views of the surrounding mountains and forests. The main entrance greets you with a stunning front porch-perfect to soak in the amazing views. Walk into the spacious family room with Hardwood flooring and stone surround fireplace with wood stove insert. The fully equipped kitchen features eat in area, center island, stainless appliances with a gas range. Formal dining room to sun room with a walk out to the screened in porch. Large laundry room with built in cabinets and counters. Main level primary with hardwood flooring and handicap accessible primary bath. Roll in shower with ceramic tile surround, double vanities, soaking jetted tub and 2 walk in closets. The other side of the main level features 2 additional bedrooms with a jack and jill bathroom. Upper level features a large gathering room and bonus room and additional bedroom with a full bath. Attached 2 car garage with carport area to an additional 2 car garage. The expansive land offers endless possibilities for outdoor activities such as hiking, playing, and wildlife watching! Relax on the screen in porch, patios and soak in the peaceful atmosphere. Updates include brand new roof, leaf gutter guards, fresh paint throughout, all new fire alarms, newer well pump and pressure tank. Home also includes a whole house generator. Propane tank leased through Holtzman and was recently filled which will convey to buyer. Don't miss this opportunity to own your piece of paradise today!
Source: BRIGHT #VASH2010804
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VASH2010804
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.