3216 Nuttree Woods Dr, Midlothian, VA 23112
5 beds · 5 baths · 3,138 sqft
Welcome to this stunning transitional home in the heart of Brandermill, offering a blend of comfort, space, and modern updates. Unique layout is perfect for multigenerational living. Nestled on a beautifully landscaped large lot, this home is designed for versatile living with an open floor plan that provides seamless flow throughout. Three primary suites, each with its own private ensuite bathroom, providing ultimate comfort and privacy. Three spacious living areas, perfect for entertaining, relaxing, or creating separate gathering spaces. Renovated kitchen featuring modern appliances, ample cabinetry, and stylish finishes, ideal for home chefs. Fully finished basement with the option to create a bedroom, living room, and office, complete with a full bathroom, making it ideal for guests and in-laws. The beautiful backyard is a pollinators dream, filled with perennials that will surround the rock riverbeds. Professionally designed exterior drains assist in the flow of runoff and prevent erosion. Relax in the newly installed screened patio. Basement also includes mechanical room with additional storage and direct entry one car garage. Wired for level 2 charger for electric vehicles. Open concept layout, maximizing space and natural light, making this home perfect for large families or those seeking extra room for flexibility. Located in the sought-after Brandermill community, this home provides easy access to walking trails, scenic reservoir views, shopping, dining, and schools within walking distance. Short walk to Nuttree Park, Muirfield Green Drive playground, country club, golf, and Swift Creek Reservoir. Whether you’re looking for a home to accommodate multiple generations or just want extra space for guests and entertainment, this property has it all. Don’t miss this rare opportunity! Schedule your private tour today.
Source: CENTRALVIRGINIA #2507364
Source: CENTRALVIRGINIA #2507364
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%. 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.
Other resourcesWhat 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.