7833 Elsinore Dr, Manassas, VA 20112
5 beds · 4 baths · 4,982 sqft
CANCELED OPEN HOUSE! Discover this beautifully maintained 3-story home with over 5,000 sq. ft. of luxurious living space in the highly sought-after Meadowbrook Woods community. Situated on a premium corner lot, this home offers 5 spacious bedrooms, 3 full bathrooms, and 2 half bathrooms, along with a 2-car garage equipped with a 220V electrical panel and workshop space. Main Level: Open-concept floor plan with newly painted main and upper-level common areas. Gourmet kitchen featuring an extended island, stainless steel appliances, gas cooking, wine fridge, and ample cabinetry. Sunroom with scenic views of the wooded backyard and access to a large deck with two staircases. Cozy family room with a fireplace, perfect for gatherings. Private home office for remote work or study. Convenient second staircase leading directly to the kitchen. Upper Level: Expansive owner’s suite with a sitting area, California Custom Closets, and a spa-like ensuite bathroom. Generously sized secondary bedrooms with ample closet space. Dedicated laundry room for added convenience. Lower Level – Entertainer’s Dream! Finished basement featuring a theater room with a projection screen, custom bar, and kitchenette. Bonus workout room or flex space. Community amenities include a clubhouse and pool, just a short walk away. This home seamlessly blends comfort, style, and functionality—perfect for both everyday living and entertaining. Schedule your private tour today!
Source: BRIGHT #VAPW2090154
Source: BRIGHT #VAPW2090154
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.