2106 Wilkinson Pl, Alexandria, VA 22306
5 beds · 3 baths · 3,440 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Curb appeal is only the beginning, and still you know a secret that neighbors can't see - your backyard is a private oasis made for friends, celebrations or the luxury of a quiet morning coffee. The home is a prize but you are really getting a lifestyle primed for unforgettable moments with the attached greenhouse, upper fire pit and play area, and outdoor brick oven on the patio. Even the hidden reading nook inside is an unexpected extra. Whether you want to work, play, lounge, or study, this home has more space than you need for all your indoor and outdoor living plus you get to enjoy more than $200,000 in recent updates and upgrades. Yes, minutes to Ft Belvoir and a direct but scenic drive to the Pentagon and DC down the GW Parkway. Drop your bags and kick off your shoes, you only have to choose whether you head to the top or lower level first. There are bedrooms and gathering places on both, but the main living area where you spend the most time got the most impressive upgrade. Walls were erased, floors replaced, and wood beams from a 100+ year old local home installed to create a dream kitchen from scratch. Everyone can enjoy the sounds and smells coming from the heart of the home, and anticipate the meals set in the elegant dining room, or the splurge of fresh baked cookies the second they come out of the oven. You may keep the sliding glass doors open for a fresh breeze, with someone always wanting to be in the back yard. But back inside, you have three bedrooms and two baths upstairs to choose from when it's time to unwind from play. Whoever claims the two beds and bath downstairs (there are so many you can sacrifice one for an office or gym) also gets the Rec Room with a 2nd fireplace for game day or movie night.
Source: BRIGHT #VAFX2233718
Source: BRIGHT #VAFX2233718
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.