15913 Primrose Tarry Dr, Moseley, VA 23120
5 beds · 5 baths · 4,789 sqft
New Price plus seller credit of $21,100! Nestled in a desirable neighborhood, this beautifully maintained home offers a perfect combination of modern upgrades, comfort, and style. Featuring 5 bedrooms, 4.5 bathrooms, and a stunning backyard, this property is designed for both relaxation and entertaining. With recent improvements to the home's systems, exterior, and layout, this is the perfect place to call home. The main floor offers an inviting open layout with a generous living room that flows seamlessly into the dining and kitchen areas, creating the perfect space for hosting or relaxing. Notice the stunning kitchen cabinetry and elegant granite countertops. The backsplash and stainless steel appliances perfectly complement each other. Retreat to your spacious primary bedroom with extra large walk in closet! Soak in the luxurious garden tub in your private ensuite bathroom. The 2nd floor bedrooms boast ample space and tons of natural lighting. The newly renovated (2023) 3rd floor junior suite includes a bedroom, private sitting area and full bathroom! Ideal for guests or a private sanctuary. New furnace and air conditioning installed for the 1st floor in 2022. The home has 3 separate heating and cooling zones for comfort and efficiency. The perfection of this home does not stop there. The backyard was recently cleared of trees creating a wide open space for outdoor activities. Perimeter lighting was installed in 2021 illuminating the front and rear of the home. Multiple lighting options and color schemes to suit any mood or occasion. The aggregated stone driveway and walkway were completed in 2022 as well as new walkway lighting creating a warm, welcoming entrance. Lastly the 3 car attached garage provides ample space for vehicles and storage. This home is a must see! Schedule your viewing today!
Source: CENTRALVIRGINIA #2428825
Financials
Source: Public records
Source: CENTRALVIRGINIA #2428825
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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 580, 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.