4339 Silas Hutchinson Dr, Chantilly, VA 20151
4 beds · 3 baths · 2,004 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Impeccably Maintained Split-Level Home with Amazing Outdoor Living! Welcome to this beautifully updated split-level home, perfectly situated on a flat, fully fenced backyard featuring a charming gazebo, spacious deck, and inviting patio—ideal for entertaining or relaxing in your own private oasis. Step inside to find thoughtful upgrades throughout, including the roof, siding, windows, HVAC, flooring, driveway, fence, and more. The bright and open main living area boasts vaulted ceilings, floor to ceiling windows, walnut stained oak hardwood floors and flows seamlessly into the upper level. Upstairs, enjoy a separate formal dining room and a renovated eat-in kitchen equipped with stainless steel appliances, greenhouse window, pantry and modern finishes. From the kitchen, step out onto the expansive deck with stairs leading down to the flagstone patio and backyard, perfect for indoor-outdoor living. The upper level also offers a spacious primary suite with a walk-in closet and a private en-suite bath, and is complemented by two additional generously sized bedrooms and a full hall bathroom. The lower level features a cozy family room with a heart-warming, brick, wood-burning fireplace and walk-out access to the patio, gazebo and backyard. You’ll also find a fourth bedroom, a convenient half bath, and a dedicated laundry room. The home also features a 2 car side load garage with built-in shelving. Tucked away in a peaceful community with no HOA, this home is just minutes from walking trails, Cub Run Rec Center, Pleasant Valley Golf Club, and a local community pool (membership required). Enjoy easy access to major routes including Route 50 and Route 28 for effortless commuting.
Source: BRIGHT #VAFX2232560
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFX2232560
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.