3824 Koval Ln, Woodbridge, VA 22192
3 beds · 4 baths · 2,372 sqft
Welcome home! Fall in love with this STUNNING LAKE VIEWS townhouse and enjoy this 2,319 square feet three level property with 3 bedrooms and 3.5 bathrooms . EXTRA LARGE UNIT overlooking the Occoquan. Abundant natural light throughout the property. The main level has an amazing space with a separate dining room and living room. Enjoy the large family room with fireplace on the main level. Three bedrooms upstairs with tons of natural light and space. The master Bedroom has cathedral ceilings and oversized pallidum window over looking water. The master bathroom has a soaking tub and a free-standing shower. The lower level features a huge recreation room along with a fourth bedroom and a full bath for visitors or to be used as an office space. The property has been painted a few days ago and new carpet has been installed on the stairs and upstairs level recently. Access the property using the new storm and front door. The exterior is just as nice with a large deck and a private patio with an enclosed fence. Enjoy the spring on a two level deck with beautiful water views. LOCATION: This property is part of the beautiful Lake Ridge HOA. It includes 5 outdoor pools, a splash pad, 2 community centers, numerous playgrounds, sports fields/courts, and walking/jogging/biking trails. Additionally, the community provides easy access to shopping, dining, and entertainment, including proximity to Potomac Mills and Stonebridge at Potomac Town Center. With easy access to I-95 and the Express lanes, as well as a variety of commuter lots and bus systems, this home is perfectly located for an easy commute to Ft. Belvoir, Quantico, the Pentagon, Alexandria, Arlington, and Washington, DC. Schedule your showing today!
Source: BRIGHT #VAPW2090814
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAPW2090814
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 of Equal Opportunity Act.