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12325 Petrel Xing # 7, Midlothian, VA 23112
3 beds · 4 baths · 2,491 sqft
Live in style and comfort in this nearly new 3-story craftsman townhome, ideally located in the heart of Midlothian. Backing to a serene wooded area, you'll enjoy privacy and peaceful views, plus lawn maintenance is included for hassle-free living! Thoughtfully designed for flexibility & comfort, the first level is it's own private guest bedroom complete with a full bathroom, access to the backyard, and garage entry. This can also serve as a private home office, rental potential, recreational, or playroom. Entertain with ease on the second level with the open-concept living, dining, and kitchen areas that flow seamlessly onto a spacious deck—ideal for gatherings or quiet mornings. Finally, the third level offers an expansive ensuite that includes a luxurious ensuite bath and walk-in closet. Two additional bedrooms, a full bathroom, and convenient laundry access complete this level. This is a prime location with ultimate convenience and show-stopping amenities. It can always be a mini vacation! Includes dog parks, business center, clubhouse to host events, gym, pools, and more! Less than 15 minutes to Westchester Commons for movies, shopping, and dining. Choose from Publix, Kroger, Wegmans, or Walmart—all just a short drive away. Quick access to Interstate 288 makes commuting a breeze to the west end downtown, and the Gather coworking space nearby is perfect for teleworking professionals.
Source: CENTRALVIRGINIA #2516453
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 #2516453
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.
No credit check. Takes 2 minutes.