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10011 Loblolly Ter, Amelia Court House, VA 23002
5 beds · 3 baths · 3,686 sqft
Stunning 5-Bedroom Custom Home on 3.7 Acres w/ In-Ground Pool – Assumable 2.5% VA Loan! Welcome to your private oasis! This beautifully updated 5-bedroom, 2.5-bath home is set on large lot just across from the Chesterfield/Amelia County line in the desirable Redfield South community & no HOA. With over 3,600 sq. ft. of living space, this home offers room to spread out and enjoy. The inviting full front porch welcomes you inside to gleaming hardwood floors that flow through an open-concept kitchen and family room, ideal for entertaining. A formal dining room adds elegance for special occasions. Upstairs, you’ll find five generously sized bedrooms, including a primary suite with a sitting area, oversized walk-in closet, & a double-vanity bathroom with a walk-in shower. This home has been well maintained with recent updates, including new stainless steel appliances, Whirlpool 4-door refrigerator (4/23), Samsung double oven range (7/24) newer microwave, Dishwasher (3/24) & new oven (1/23). The main level features fresh paint, new carpet, & refinished wood floors. The roof, replaced in October 2022, includes a 30-year warranty. The heated & cooled two-car garage is fully equipped with/ a new door & opener installed in 7/24. Step outside to your private retreat, where a saltwater in-ground pool w/ a diving board & slide awaits. Pool includes a new liner (6/23), new pump and sand filter (6/24), new salt generator and control board (6/24), and the WaterGuru Sense S2 added (7/24). All pool accessories convey, allowing you to start enjoying your oasis from day one. The Trex rear deck and gazebo overlook a serene creek and wooded backdrop, with fruit trees sprinkled across the property for a truly picturesque setting. The home is equipped with a two-zone HVAC system—a new downstairs unit (4/24) and an upstairs unit (2020). High-speed fiber optic internet is available through River Street Networks, & a water softener system ensures comfort and quality. The motorized stair lift currently in place will be removed at closing.
Source: CENTRALVIRGINIA #2508754
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALVIRGINIA #2508754
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 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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