9824 Fosbak Dr, Vienna, VA 22182
4 beds · 4 baths · 3,100 sqft
Beautiful Split-Level Home in a Tranquil Setting – No HOA! Nestled near a cul-de-sac and backing to serene trees for ultimate privacy, this meticulously maintained split-level home is a true sanctuary. Featuring four bedrooms, three full and one half baths, and a two-car garage, this home is located in a highly desirable area just 15 minutes from Tysons Corner. Over 3,000 sq. ft in all 3 levels including basement. The main level boasts a formal living and dining room, along with a beautifully updated kitchen featuring maple cabinets, granite countertops, and stainless steel appliances. A sunroom with built-ins, skylights, and sliding doors opens to a spacious deck, creating the perfect space for relaxation and entertaining. Upstairs, the primary suite includes an upgraded bath with jetted shower, while three additional bedrooms share a full hall bath. The fully finished walkout basement offers a large recreation room and a private office space, adding even more versatility to the home. Area with full bath and kitchenette can serve as in-law suite. This home has been thoughtfully updated with converted utilities from electric to gas, a water heater installed in 2010, an HVAC system from 2013, and a roof replaced in 2012. Additional updates include new basement flooring in 2019, a replaced water main valve, and a beautifully landscaped front yard with a retaining wall, new shrubs, and trees. Fresh neutral paint throughout. With no HOA and a spacious backyard extending to the bottom of the hill, this home offers both privacy and convenience. Don’t miss this rare opportunity—schedule your showing today!
Source: BRIGHT #VAFX2220246
Financials
Source: BRIGHT #VAFX2220246
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.