44691 Wellfleet Dr Apt 508 # 508, Ashburn, VA 20147
2 beds · 2 baths · 1,464 sqft
Luxurious Modern Condo in Prime Location! Discover this stunning and expansive 2-bedroom, 2-bath + large DEN condo with soaring 10ft+ ceilings and an elegant open-concept design. A secured entry welcomes you into a luxurious lobby with elevator access. No details overlooked inside this exceptional unit boasting a gourmet kitchen that includes an oversized island, quartz countertop, abundant cabinetry, and sleek finishes—perfect for entertaining! Spectacular windows offer abundant natural light highlighting the beautiful hardwood floors throughout. Step out and enjoy your private balcony overlooking serene green space, or embrace it right from your living room next to the cozy modern fireplace. The well appointed laundry room complete with sink, cabinetry and quartz countertop offers a comfortable space for daily chores, storage and utility needs- a rare amenity for a condo! All bathrooms have floor to ceiling tiles and walk-in closets include built-in organizers! For lazy afternoons, unwind on the rooftop terrace, an inviting outdoor seating area with a gas fireplace and panoramic views! Plus, enjoy resort-style amenities at the adjacent community clubhouse, including a pool and more. This unit also comes with it's own storage unit and two secured parking spaces! Condo fee includes: clubhouse amenities, pool, trash, GAS, WATER and common area maintenance. Located directly across from One Loudoun, you're just steps away from premier dining, shopping, and entertainment, including a movie theater. This sophisticated condo is a perfect blend of luxury, convenience, and an active lifestyle!
Source: BRIGHT #VALO2091374
Financials
Source: BRIGHT #VALO2091374
Source: Public records
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.