4919 King Solomon Dr, Annandale, VA 22003
4 beds · 4 baths · 3,078 sqft
Get a free consultation call with an expert in the mortgage assumption process.
POTTERY BARN PERFECT COLONIAL IN THE HIGHLY COVETED CANTERBURY WOODS ES / FROST MS / WOODSON HS PYRAMID! … Gorgeous 4 Bedroom 3.5 Bathroom Colonial with Garage, Eat-in Kitchen Bumpout, French Doors to Large Screened Porch, New Remodeled Gourmet Kitchen, New Remodeled Primary Bath with Dual Vanity Sinks & Separate Water Closet, New Remodeled Upstairs Hall Bathroom with Jacuzzi Soaking Tub, Fenced Yard, New Shed, and Walkout Finished Basement in popular Long Branch Neighborhood! BRAND NEW PAINT & NEW GLEAMING HARDWOOD FLOORS! New Windows! All Bedrooms have New LVP Flooring! Water Galore with Two Hot Water Heaters! Conveniently converted to Gas, including furnace, oven/range, and hot water heater. Security cameras Eufy convey. This home has been immaculately updated, opened up, and expanded for you with all of the bells and whistles! Storage galore, including great outdoor shed! Enjoy All Long Branch has to offer with a quick 1 block stroll to Long Branch Swim & Racquet Club and nearby Walking/Biking Trails! Commuter's Dream with Easy Access to the Beltway (Hot Lanes, 495, 395, 95, 66), VRE, Metro, & walk to the Pentagon Metro Bus! Premiere Schools with AAP Level IV Center Canterbury Woods Elementary School, Frost Middle School, Woodson High School! Great shopping and dining options nearby with the Mosaic District, Twinbrooke Shopping Center, Pickett Shopping Center, Ravensworth Shopping Center and more! Fantastic location close to Fort Belvoir, Pentagon, Fairfax Hospital, Fairfax City, & George Mason University! This home has it all! Hurry - this one won't last!
Source: BRIGHT #VAFX2229412
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFX2229412
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.