9021 Phita Ln, Manassas Park, VA 20111
4 beds · 4 baths · 2,000 sqft
Welcome home! This freshly painted, stunning 3-level end-unit townhome offers modern convenience, thoughtful design, and an unbeatable location. With 4 spacious bedrooms, 3.5 baths, and 2,000 square feet of living space, this home boasts a long driveway that accommodates up to four cars in addition to a 2-car garage. Ample visitor parking and street parking make hosting guests a breeze. The lower level features a welcoming main entrance, rear access through the garage, and a versatile bedroom with a full bathroom—perfect for guests, a home office, or a den. On the main level, you’ll find an open floor plan with a gourmet kitchen that includes an oversized island, granite countertops, and stainless steel appliances. The bright living and dining areas flow seamlessly, complemented by a convenient powder room and a balcony ideal for relaxation. The upper level offers three generously sized bedrooms, two full baths, and a laundry room for added convenience. Situated just one block from City Center, this home offers unparalleled access to government buildings, the library, a weekly farmers market, and the VRE and Amtrak station, along with a front-row view of the annual light parade. Signal Hill Park is a short walk away, offering a water park, scenic trails, and Fourth of July fireworks. Outdoor enthusiasts will also appreciate Blooms Park and Bull Run Trail less than a mile away. Commuters will love the easy access to Highway 66, located just two miles away, as well as Liberia Avenue (five minutes) and Old Town Manassas (ten minutes). This home comes with added extras, including three flat-screen TVs and a complete Ring Security System with a Ring Doorbell, front, garage, and back cameras, as well as solar-powered floodlights. Furniture and workout equipment are available for purchase under a separate bill of sale. Don’t miss the opportunity to call this beautifully updated townhome your own!
Source: BRIGHT #VAMP2002716
Financials
Source: BRIGHT #VAMP2002716
Source: Public records
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.