15187 Addison Ln
Woodbridge, VA 22193
6 beds · 4 baths · 4,315 sqft
$875,000
Get prequalified15187 Addison Ln
Woodbridge, VA 22193
6 beds · 4 baths · 4,315 sqft
$875,000
Get prequalifiedWelcome to this spectacular 6-bedroom, 3.5 bathroom home located in the highly sought-after Community of HOPE HILL CROSSING! This stunning residence offers over 4,500 sq ft of beautifully finished living space that is a perfect blend of elegance, comfort, and functionality. From the inviting covered font porch to the grand two-story foyer, every detail is designed for modern living and effortless entertaining. The open-concept main level features gleaming hardwood floors and a beautifully designed chef's kitchen equipped with granite countertop, stainless steel appliances, a massive island, and double ovens. Enjoy casual meals in the light-filled sunroom or gather around the cozy gas fireplace in the spacious family room. Formal dining and living rooms with tray ceilings and detailed crown molding add a touch of elegance to the main level which also boasts a dedicated office space and a powder room. The main level is perfect for intimate family gatherings or entertaining a large number of guests. The upper level boasts four generously sized bedrooms, including a luxurious primary suite with a private sitting room and a fireplace, vaulted ceilings, a generous walk-in closet and a spa-like en-suite bathroom with a soaking tub and separate shower. A full hall bathroom and a conveniently located laundry space complete the upper floor. The lower-level features 2 additional spacious bedrooms - including a room well suited for a kid's playroom, a full bathroom, an open entertainment area, and a full - service wet bar - perfect for multigenerational living or hosting guests. Additionally, there's a large unfinished space ideal for extra storage or can be converted into a 7th bedroom. This home is zoned for top-rated schools in Prince William County. Easy access to I-95 and Route 234 make it ideal for commuting. Centrally located between Quantico and Ft Belvoir, this home offers easy commuting to either base military families, and is mere minutes from grocery stores, retailers, and prime shopping malls such as Potomac Mills and Stonebridge or Potomac Town Center. Don't miss the opportunity to call this beauty, home. Schedule your private tour today! Don't miss the opportunity to call this beauty, home. Schedule your private tour today
Source: BRIGHT #VAPW2096164
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.
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