8640 Webster Tavern Way, Manassas, VA 20109
3 beds · 4 baths · 2,856 sqft
Nestled in a charming and vibrant community, this stunning home offers the perfect blend of elegance and comfort. With its prime location near shopping, restaurants, and the convenience of Route 66, commuting and everyday living have never been easier. Step inside and feel immediately welcomed by the abundance of natural light streaming through the numerous windows, creating an inviting, bright, and airy atmosphere throughout the home. The main level boasts beautiful hardwood floors, setting the stage for a warm and sophisticated living experience. A welcoming foyer leads you seamlessly into the formal living and dining rooms—perfect for entertaining guests or enjoying intimate family meals. Behind French doors, the private home office features a charming bump-out, providing the ideal space for productivity. The spacious family room is a true retreat, complete with a ceiling fan and views of the backyard. Flowing effortlessly from the family room, the expansive kitchen is ready for some culinary action, featuring a large island, solid surface countertops, ample cabinet space, stainless steel appliances, and a bayed breakfast room that opens onto the oversized deck—ideal for al fresco dining and relaxation. Carpeting enhances the cozy feel of the upper level, where two generously sized secondary bedrooms offer plenty of space for family or guests. The shared hall bath includes a large vanity and a tub/shower combination with a lovely tile surround. The primary suite is a true sanctuary, featuring backyard views, a ceiling fan, a spacious walk-in closet, and a relaxing ensuite bath complete with dual vanities, a soaking tub, and a separate shower. Adding to the convenience, the upper-level laundry room ensures effortless household chores without the need to carry loads up and down stairs. The fully finished lower level extends the living space with a vast guest suite (could be used as recreation room), perfect for gatherings, hobbies, or a home theater. A full, beautifully appointed bath adds functionality, while the walkout sliding glass door leads to a delightful patio with a hot tub—an inviting space to unwind and soak in the peaceful surroundings. Beyond the home itself, the neighborhood offers a quiet retreat with a fantastic community pool, basketball courts, a clubhouse, and a tot lot providing endless opportunities for relaxation and socializing. This exquisite home is a true gem, blending sophistication, comfort, and modern conveniences in an unbeatable location. Don’t miss the chance to make it yours!
Source: BRIGHT #VAPW2089104
Source: BRIGHT #VAPW2089104
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.