17934 Woods View Dr, Dumfries, VA 22026
5 beds · 5 baths · 4,550 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to the remarkable Kennsington Model in Woods Overlook at Potomac Shores! This spectacular five-bedroom, 4.5-bathroom, 4,500+ sq. ft. home will impress with its high-end features and stunning views. The first thing you notice is the full-size front porch. Upon entering, you'll discover a sizeable open-concept dining room perfect for hosting and entertaining friends and family. The extra windows in the family room ensure plenty of natural light throughout, not to mention the cozy gas fireplace for those cold winter nights. The gorgeous gourmet kitchen, an ideal spot for entertaining guests or creating a private meal at home, has white cabinets, a custom backsplash, beautifully upgraded appliances, and quartz countertops. A TRUE main-level bedroom is tucked back behind the kitchen, large enough to hold a king-size bed, a huge walk-in closet, and a full en-suite bathroom with a 36" door opening! This floor plan is perfect for friends or family who need all the luxuries of a home on the main level. The upper level has four huge bedrooms, including a primary suite with an adjoining bathroom and double vanity - a perfect place to relax after a long day. Even more space awaits downstairs in the finished basement, boasting a spacious recreation room that's excellent for movie nights or game days! There is a separate room equipped with full-size windows just ready for you to finish your dream space or 6th bedroom for whatever your heart desires. With a 2-car garage and prime location, walkability to the middle school, and all the sports fields within Potomac Shores, this dream home leaves nothing to be desired - don't miss your opportunity to call it your own! Imagine watching the sunset in a community surrounded by the Potomac River. Potomac Shores is unparalleled when it comes to amenities. Experience the endless opportunities to bike, walk, run, swim, golf, work out, canoe, or enjoy a seat in front of the firepit at the Golf Club restaurant, open to all Potomac Shores residents. Walk through the tree-lined community on miles of wide, paved trails. Take the VRE train (projected in the future) to D.C., then back to the future town center on the water. The Potomac Shores community hosts community events such as Easter Egg hunts, Food truck events, Casino nights, meetups, clubs, and movie nights for all residents. Come and tour the Fitness Facility, Social Barn, Canoe Club, and Community Gardens, or walk or drive through this beautiful, master-planned, stunning, family-friendly, tree-lined community.
Source: BRIGHT #VAPW2090064
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 #VAPW2090064
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 and Equal Opportunity Act.