301 Rollason Dr, Front Royal, VA 22630
3 beds · 4 baths · 2,693 sqft
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My client is ready to move on! Price reduction of over $10,000 from our original price, in addition this home is priced under the current tax evaluation for 2025 of $550,100.00. Qualified veterans could be eligible to assume this 3.25% loan, contact me for additional information. This charming single-family residence located in highly desired, Shenandoah Shores. A river community in lovely Front Royal, VA. Built in 2019, this meticulously maintained home offers a perfect blend of modern amenities and country living, all while being conveniently close to town, I/66 and Christendom College. This home has a conditional use permit for short term rentals. The permit follows the property and can be assigned to the new homeowners, via Warren County zoning. This home provides ample space for family, friends and guests. This home features 3 bedrooms, 3.5 bathrooms, with a master suite that is carpeted with multiple closets, and a large master bath. The laundry room is conveniently located upstairs. A total of 2,693 square feet of living space, including 1,693 square feet above ground and a fully finished 1,000-square-foot basement with a full bath, separate room perfect for an office, including a walk out basement with access to the backyard. The uses are endless for this additional living space. The kitchen hosts stainless steel appliances, quartz counter tops, laminate flooring and two dining areas, one includes a lovely fireplace to enjoy during those chilling evenings. Situated on a large lot .57 acre, with a balance of open and wooded space. Enjoy the comfort of a heat pump for heating and central air conditioning for cooling, both powered by electricity. The home also features a gas/propane fireplace, adding warmth and ambiance to the living area. Shenandoah Shores is located in a Sanitary District is currently operated through the Shenandoah Shores Property Owners Association, Inc. (SSPOA), which is responsible for maintaining the streets, street signs, and water supply systems within the community. While membership in SSPOA is voluntary, a portion of real estate taxes paid to Warren County are allocated to the SSPOA to provide these necessary services to the residents of Shenandoah Shores.
Source: BRIGHT #VAWR2010452
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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 #VAWR2010452
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.