7337 Mariposa Dr, Manassas, VA 20112
3 beds · 3 baths · 1,773 sqft
Country living with city convenience is found in this neighborhood with NO HOA . Public water, Public Sewer! Great location off Hoadly Rd between Prince William Parkway and Rt #234 . WOODBRIDGE AREA Convenient to I95, This 4 level split home is situated on .48 Acre level lot backing to trees and features a Detached 2 car garage with work shop area and the updated with 2 Smart Garage door openers that can connect to cell phone. A beautifully renovated home. The main level with an Open Floor Plan features cathedral ceiling, hardwood floors throughout main level, the foyer with stairs with decorative rails leads to upper and lower levels. Upgrades and Additions through-out make this home ready to move right in. Main level features Updated Kitchen Feb. 2025 new cabinets, granite counters, Mosaics Carrera backsplash tile, Dining area with walk-out to stamped concrete patio and a Great Room for family gatherings. The Upper Level features Primary bedroom suite with Luxury Bath featuring updated walk-in shower with designer tile rain shower and handheld fixtures, vinyl plank flooring and vanity; additional 2 bedrooms and 2nd updated bath with designer tile and tub/shower, vinyl plank flooring. Lower 3rd Level features large rec room with media area, vinyl plank floor, wood stove sitting on brick base, with brick wall and added brick wood box, and a walk-out to side yard and 2 car garage, powder room, and utility room. 4th level features large unfinished space with washer/dryer area . So MANY MORE UPGRADES: PEX PIPING THROUGH-OUT, THOMPSON CREEK WINDOWS 2023 AND THOMPSON CREEK DOORS 2025, HVAC RUN TRU SYSTEM 2023, 2 DRIVEWAYS, WIRED FOR INTERNET THROUGH-OUT SEE INFO SHEET, UPDATED LIGHT FIXTURES, 4 CEILING FANS, BLACK HARDWARE AND HINGES IN MOST AREAS. Great location for commuters, convenient to all schools, shopping, etc. Be sure to see the list of upgrades and additions in BRIGHT DOCS>
Source: BRIGHT #VAPW2089826
Financials
Source: Public records
Source: BRIGHT #VAPW2089826
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.
What 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.