42363 Zebulon Sq, Brambleton, VA 20148
4 beds · 5 baths · 2,147 sqft
Price dropped! Welcome home and enjoy instant equity on this stunning townhouse in the perfect location-live, work and play right in your own backyard with Brambleton Town Center and Legacy Park just minutes away. Enjoy the convenience of groceries, doctors, restaurants, shopping, movies, a health club, playgrounds, miles of walking trails, and even a library! Also the site of many events including concerts and festivals - this location is the social hub of Brambleton! Beautiful brick front 4-story townhome with ideal 4 beds and 4.5 baths plus private Rooftop Terrace. Gorgeous hardwood flooring begins at entry level and continues throughout the main level. Entry level features a private legal bedroom (can also be used as an office or flex room) with full bath. Main level boasts an open floor plan with an abundance of natural sunlight. The gourmet kitchen features upgraded cabinetry, granite countertops, custom backsplash, stainless steel appliances, overhead hood vent and large center island. Enjoy relaxing outdoors on the adjacent balcony. The spacious open concept floorplan combines living and dining rooms with an original custom brick wall, cozy fireplace and modern light fixtures. The first Upper level includes the Primary bedroom with walk in closet and luxurious en-suite bath with frameless shower. Additional Spacious Junior Suite, upgraded bath and laundry room complete the 3rd level. Head up to the incredible and rarely found 4th level that features open loft with kitchenette, private bedroom, full bath and the scenic rooftop terrace retreat. Plenty of parking with rear load garage and driveway, plus additional convenient open parking in front. Location is everything, nestled in the heart of Brambleton Town Center, simply step outside to enjoy all the wonderful amenities. Verizon FiOS Internet and TV services are just one of the many amenities for Brambleton residents, included in HOA dues.Top notch schools! Don't miss out this one!
Source: BRIGHT #VALO2089422
Source: BRIGHT #VALO2089422
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
What 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 “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.
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 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.