9769 Lakepointe Dr, Burke, VA 22015
3 beds · 4 baths · 1,820 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Impeccably maintained and thoughtfully updated, this spacious 3-bedroom, 3.5-bath townhome is in the highly desirable Lakepointe community. The expansive kitchen boasts 42-inch cabinets, granite countertops, stainless steel appliances, and ample storage—including built-in bench window seating with hidden compartments. Gleaming hardwood floors span both the main and upper levels. Just off the kitchen, a formal dining room flows seamlessly into the inviting living room, complete with a cozy wood-burning fireplace. A convenient half bath and coat closet complete the main level. Upstairs, you’ll find three generous bedrooms and two beautifully renovated full bathrooms featuring stunning tile work. The primary suite includes a wall of closets and a private ensuite bath. The finished lower level features tiled floors, built-in shelving, and a large, newer sliding glass door that floods the space with natural light. This level also includes a full bath, a bonus room—perfect for a home office or hobby space—and a spacious utility room with additional storage, including under-stair shelving. Step outside to a fully fenced, professionally hardscaped backyard featuring a stone patio, bench seating/walls, and a storage shed—ideal for outdoor entertaining and relaxing.*** Zoned for Top-FCPS Kings Park ES (K-3), Kings Glen (4-6), and Lake Braddock (7-12). Convenient to shopping, Metro Bus line and minutes to the Burke VRE stop. *** UPDATES: 2025: half bath update; 2025: primary bath update; 2025: Freshly painted throughout; 2024: basement sliding door; Kitchen done 12 years ago (cabinetry, granite counters, double oven); Fridge 2 years old; Dishwasher 3 years old; Bench seating/storage in window; 2021: upstairs hall bath update; All new outlets; 2016: water heater; 2010: HVAC; Main water line replaced 5 years ago (copper plumbing); Shut off valves replaced.
Source: BRIGHT #VAFX2234862
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAFX2234862
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.
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.