14435 Saint Germain Dr
Centreville, VA 20121
2 beds · 2 baths · 1,054 sqft
$312,000
Get prequalified14435 Saint Germain Dr
Centreville, VA 20121
2 beds · 2 baths · 1,054 sqft
$312,000
Get prequalifiedWelcome home to this exceptional 2 level 2 bedroom 1 bath home unit is located in the highly sought-after condominium at The Meadows. One Assigned Parking Space #35 conveys and is conveniently located directy infront of the unit. Additional ample guest parking is available around the corner along the building, is plentiful, with spaces available on a first-come, first-served basis. Recently renovated and move-in ready, the unit boasts fresh paint, newly installed modern laminate flooring, and carpet, complemented by stylish lighting and hardware throughout. Inside, you'll find a washer and dryer for added convenience. The functional balcony offers a personal oasis to unwind and enjoy fresh air at any time. Additional storage options include space under the stairs, pull-out stair access to the attic, and under the front steps. The condominium offers a very reasonable fee, with the area meticulously maintained by the management. Residents can enjoy amenities such as pools, a playground, a party room, and more. Conveniently located near a bus stop and with easy access to I-66 and major highways, this unit is surrounded by numerous shopping centers, providing everything you need within short distance. Great commuting location. Minutes from I- 66 & Park & Ride Lot, Route 28 & Route 29. Close to Metro, and Airport. Condominium is FHA Approved and pets are welcome with certain guidelines.
Source: BRIGHT #VAFX2250004
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.