18206 Thunderbolt Rd, Dumfries, VA 22026
4 beds · 4 baths · 3,416 sqft
Get a free consultation call with an expert in the mortgage assumption process.
The craftsman style curb appeal when you pull up is only a hint at the jaw-dropping interior. Built and thoroughly upgraded by Brookfield in 2021, the Torrington model is a rare find! You will know the second you walk in that you are not in an ordinary basic colonial any more. The front office may win you over, but just wait until you walk past the powder room into the Great Room. Take it all in: a dining area that can hold your table for eight and take advantage of a seat built into the bay window. A family room where you can gather around a natural stone finished gas fireplace. All under a two story vaulted ceiling and with a front row seat to the sounds and smells that memories are made from, coming from the kitchen. Sure, fresh baked cookies are a splurge in any home but this kitchen can support any award winning chef or baker. Carrara Mist quartz counters grace an oversized island and counters that seem to never end, past stainless appliances, under cabinet lighting, a gas cooktop and even a pot filler faucet. Around the corner, the pantry deserves its own design awards with a sliding barn door, herringbone tile backsplash, butcher block counters, and motion sensor lighting. Spacious yet out of the way laundry is another highlight of this level, but a real standout is the main level primary suite. Lush carpet underfoot, overhead lighting that combines both a ceiling fan and recessed lighting like most of the home, and dual closets. And the bathroom? It's like a luxury hotel of course with separate dual vanities, tiled shower and soaking tub. Plantation shutters on every window and door let you choose privacy with a flick of the wrist, or you can walk out to the trex composite deck and fenced yard when sun streaming through windows just isn't enough of the great outdoors. But wait, there's more. The upper level of the home has a bedroom with its own upper balcony, another bedroom, and bonus loft area with two closets you could use as a playroom, gaming den or for guests. You can even look out over the great room below as you walk down the hallway towards the full sized bathroom. All the ceilings are atleast 9 ft tall, even in the basement, which may be why it tends to be popular with fitness enthusiasts - that and there are so many rooms that you could have his and hers gyms downstairs. Also in the finished basement is an oversized Rec Room for game day or movie night, storage galore, and third full bathroom so conveniently adjacent to the last official bedroom. Potomac Shores is the place to be. The words "grand" and "larger than life" always come to mind when you enter this premiere riverfront oasis only 30 miles from Washington DC, and minutes from I-95 and express lanes. Quick commutes leave you more time to enjoy what feels like resort-style living. Schools, sports fields, Jack Nicklaus Signature Golf Course, parks, trails, two outdoor pools, and a 13,000 sq ft rec and social center, plus demand will only go up once the VRE Station opens. This home's premium lot sits on one of the most prized streets, near the main entrance of the community. Just add a sweet tea in the summer, or your favorite drink any evening to sip on the front porch in a rocking chair.
Source: BRIGHT #VAPW2090000
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 #VAPW2090000
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.