6101 Edsall Rd Apt 911 # 911, Alexandria, VA 22304
2 beds · 2 baths · 1,405 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Perched High on the 9th Floor: A Sprawling 1405 Sq Ft Condo with Breathtaking Views, Unbeatable Amenities & an Incredible Location! Just 1 mile to the Van Dorn metro with a free dash bus service! Imagine waking up in your expansive primary suite, where a king-size bed fits with room to spare, and a generous walk-in closet with custom closet organizer awaits your wardrobe. Ensuite luxury awaits in the fully updated primary bath. The second bedroom is equally impressive, easily accommodating another king-size bed & also with an updated ensuite bath with a double vanity! Entertain with ease in the stylishly updated kitchen, a true focal point for culinary creations. Host memorable dinners in the separate dining room, creating a distinct space for every occasion. Rich wood floors flow seamlessly throughout the living areas, adding warmth and elegance. Fantastic built-in desk off kitchen with extra cabinetry, makes working from home a breeze. Picture yourself unwinding on your huge balcony, soaking in panoramic views and enjoying the fresh air on your own outdoor oasis in the sky! Beyond your exquisite condo, a world of leisure awaits. Dive into the sparkling outdoor pool on warm days, challenge friends to a game in the billiards room or to a tennis match. Achieve your fitness goals in one of the building's two well-appointed fitness centers. The community room provides a fantastic space for social gatherings and building connections. With the ultimate convenience of an in-unit washer and dryer & TWO garage parking spaces, plus a storage unit, & All Utilities being Included in the condo fee, this 9th-floor gem offers not just a place to live, but a lifestyle to embrace. For those who qualify, there is a VA Assumable Mortgage at 3.5%
Source: BRIGHT #VAAX2044556
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 #VAAX2044556
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 of Equal Opportunity Act.