226 Lynhaven Dr, Alexandria, VA 22305
3 beds · 2 baths · 1,296 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Stunning Townhouse in Prime Location – Blocks from Potomac Yard, Metro & Del Ray-you can even walk to the airport! This sun-drenched townhouse is packed with over $100K in upgrades and perfectly situated near everything you need! ✨ Key Features: The beautifully renovated kitchen features a quartz island and Butler's Pantry, subway backsplash, gold hardware, white shaker cabinets, custom made black walnut shelving with built-in lighting, high-end Samsung stainless steel appliances, and a seamless walkout to the deck and patio—ideal for entertaining or relaxing. Additional main level features include a front porch with infrared heater, recessed lighting and distressed hardwoods. Upstairs, you'll find three bedrooms, including one that was previously used as a home office and comes with a custom adjustable electric height desk (or could make a fantastic walk-in closet!) and a beautifully renovated bathroom with skylight. The lower level offers a spacious rec room, a large laundry/utility/storage area with walkout access to the patio, and another fully renovated bath. Roof ('15), HVAC ('17), Hot water heater ('16)-upgrades galore on every level-and three inviting outdoor spaces—porch, patio, and deck—make this home a true gem. Plus, enjoy the convenience of a fenced backyard, two off-street parking spots and ample street parking. This one won’t last long—don’t miss your chance to call it home!
Source: BRIGHT #VAAX2043114
Source: BRIGHT #VAAX2043114
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.