4983 Manor House Ct, Woodbridge, VA 22193
4 beds · 4 baths · 3,352 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This stunning single-family home, located on a peaceful cul-de-sac, offers over 3,000 sqft of living space and backs up to serene parkland, ensuring both privacy and natural beauty. The professionally landscaped yard enhances the home's curb appeal, and full-view Anderson doors allow for abundant natural light while providing sweeping views of the surrounding landscape. Inside, you'll find custom hardwood floors and stairs throughout, adding warmth and sophistication to the home’s design. The open gourmet kitchen is perfect for both casual family meals and formal entertaining, featuring modern appliances and ample counter space. The home boasts four spacious bedrooms and three and a half bathrooms, all of which have been beautifully remodeled. The expansive primary bedroom is a retreat, offering plenty of space and comfort. The home also includes high-end finishes such as crown molding, chair rail, and shadow box detailing, adding a touch of elegance to every room. The dining room features a bay window, showcasing wooded views and creating a peaceful dining atmosphere. In the living room, a gas fireplace with a mantle adds coziness and charm. The fully finished walk-out basement, with elegant porcelain flooring, provides additional living space and access to the outdoors. For added convenience, there’s a full-size laundry room. The sunroom, equipped with electricity, offers a bright space to relax and enjoy the view, and the two-level deck provides ample space for outdoor dining, lounging, and entertaining. A fire pit completes the backyard, creating an ideal spot for enjoying evenings under the stars. This home combines luxury, functionality, and a perfect location for modern living. Updates: Updated kitchen and bathrooms Roof & Gutter helmet 2015, HVAC 2020, Water Heater 2023
Source: BRIGHT #VAPW2092142
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAPW2092142
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.