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10108 Chesney Dr, Spotsylvania, VA 22553
4 beds · 4 baths · 3,030 sqft
***VA ASSUMABLE LOAN WITH 2.25% RATE***This darling home in the quiet community of Crown Grant in Spotsylvania is ready for new owners! Pride of ownership shows throughout this home with items like a new roof and fresh paint throughout! With over 3000 sq ft of living space, this 4 bedroom/3.5 has all the room you could want! The main level offers great natural light and hardwood and tile flooring. Enjoy a spacious floor plan that is inviting and great for entertaining! Head upstairs where you will find 3 generously sized secondary bedrooms plus an oversized primary suite with en suite bath including separate soaking tub and shower. The lower level has been the movie room dream! Picture the posters, movie theater popcorn maker and extra mini fridge for drinks! The basement is also a great flex space. With a separate walkout entrance and extra bonus room with en suite bathroom, the options for use are endless! Guest area, in-law suite, au pair suite...Outside you will enjoy nearly half an acre (fully fenced in) with lovely mature trees for added privacy. There is even additional common area (conservancy) adjacent to the property so it feels extra open. Tons of amenities are within close proximity including the schools, Loriella Park, Harrison Road Convenience Center Park, lots of shops and restaurants at Cosner's Corner and so much more! Spotsylvania and the surrounding areas are also rich with history and many battlefields are just a short drive away. Don't forget to grab a soft serve at Jimmy T's! Spotsylvania is growing; come visit!!!
Source: BRIGHT #VASP2033756
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: BRIGHT #VASP2033756
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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