18846 Beaten Path Ct, Triangle, VA 22172
4 beds · 4 baths · 2,650 sqft
Beautiful and well cared for 4 bedroom 2 full and 2 half bath colonial on cul de sac! Feel like you're in the suburbs but remain close to quick access to DC or Quantico. LOTS of recent updates! Main and upper levels freshly painted and stairs and second floor bedrooms re carpeted. Formal living and dining areas with lots of natural light. Spacious kitchen with stainless appliances including Samsung smart fridge and new microwave. Pendant light fixture new in kitchen 2024, eye catching glass backsplash. Large eat in area with room for a table and chairs. Carpeted family room with fireplace and access to rear deck. Recently added recessed lighting. Ceiling fan for added comfort. Powder room on main level. Upstairs are 4 large bedrooms. Three with a hall bath and primary bedroom with ensuite bath. Primary bath and hall bath on second level both fully renovated. Hall bath converted from tub to beautiful enclosed shower with new vanity and countertop. Primary bath gutted except for the soaking tub - replaced toilet, new vanity, counter top, flooring and spectacular frameless glass shower enclosure. Tile accents added to soaking tub - as well as wall sconces. Primary bedroom has vaulted ceiling and lots of windows keep this room full of natural light and recent lighted ceiling fan. Samsung smart washer and dryer installed 2024. Fully finished basement with ample room for games and relaxing. Even space to create a cozy office with it's own walk out. Tile area inside walk out replaced previously carpeted area. Beautiful deck backing to trees recently re stained. Invisible fence around entire house. Smart smoke detector and carbon monoxide technology for added safety, water heater 3 years old. Put this one on your list to see before it's gone!
Source: BRIGHT #VAPW2086066
Financials
Source: Public records
Source: BRIGHT #VAPW2086066
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.