8434 Sugar Creek Ln, Springfield, VA 22153
2 beds · 2 baths · 960 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming and Cozy 2 Bed, 1.5 Bath Townhome in Newington Forest - Springfield, VA. Welcome to this delightful and affordable 2-bedroom, 1.5-bathroom townhome nestled in the highly desirable Newington Forest community in Springfield, VA. This cozy home offers the perfect blend of comfort, convenience, and affordability—making it a wonderful choice for first-time buyers, downsizers, or anyone looking to enjoy the best of suburban living with easy access to everything. Step inside and you'll immediately notice the inviting and well-maintained interior. The spacious living room provides a perfect space for relaxing or entertaining, with large windows that fill the room with natural light. The functional kitchen is equipped with everything you need, including ample cabinetry, counter space, and a welcoming dining area. Upstairs, you'll find two comfortable bedrooms, each offering plenty of closet space and a serene atmosphere to unwind. The full bathroom is conveniently located nearby. On the lower level, enjoy the convenience of a half bath, ideal for guests and everyday use, along with extra storage space. The townhome is ideally located within the Newington Forest community, known for its peaceful, family-friendly environment. Enjoy the nearby walking trails, parks, and outdoor spaces, perfect for those who love to stay active and connected to nature. Excellent Commuting Location: This home boasts a prime location for commuting, with easy access to major routes like the Fairfax County Parkway, I-95, and the Springfield-Franconia Metro. Whether you're heading into downtown D.C. or exploring the surrounding area, you'll appreciate the convenience of being just minutes away from excellent transportation options. Top-Rated Schools: Families will love the excellent school pyramid that includes Newington Forest Elementary, South County Middle School, and South County High School. These well-regarded schools ensure a strong educational foundation for children, making this townhome a fantastic choice for growing families. Don't miss out on this fantastic opportunity to own a cozy, well-located townhome in the heart of Springfield. With its affordability, charm, and unbeatable location, this home is sure to go fast. Schedule a showing today and make it yours!
Source: BRIGHT #VAFX2222680
Source: BRIGHT #VAFX2222680
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.