1690 Dunnington Pl
Dumfries, VA 22026
4 beds · 4 baths · 2,360 sqft
$625,500
Get prequalified1690 Dunnington Pl
Dumfries, VA 22026
4 beds · 4 baths · 2,360 sqft
$625,500
Get prequalifiedWe are back to active status after losing our buyer! Don't miss your opportunity to own this former model home! This is the Pulte built Frankton model built in 2022. This lovely home is move-in ready and just waiting for you! Enter the lower-level foyer with access to a spacious bedroom and a full bathroom ideal for guests, a home office, or extended family; the rear exit connects to the rear-load two-car garage. Head up the oak stairs to the open concept main level with a cozy fireplace in the living area, a dining space, a convenient half bath and beautiful rear kitchen which features an expansive island, lots of cabinets, stainless steel appliances, quartz counters, a large pantry and lots of natural light. A rear door leads to a low-maintenance composite deck ready for entertainment or a quiet cup of coffee in the morning. Upstairs, the owner’s suite features convenient, dual walk-in closets, a spacious ensuite with double sinks, quartz counters and walk in shower. Two additional bedrooms, a hallway bath and laundry complete the upstairs. This home also comes with a smart home package including Wireless Access Point, Voice Control, Smart Garage Opener, Smart T-Stat (thermostat), and Smart Door Lock. This Luxury Townhome offers the best location and lifestyle at Potomac Shores, located across from the Shores Club pools, gym, and social barn. Community amenities include the Potomac Shores Golf Course and Clubhouse/Tidewater Grill with dining and cocktails, over 9 miles of trails, a kayak launch, community garden, state-of-the-art Fitness Barn with gym, yoga, and pool, and the Social Barn for events and clubs. Schools within the community include Covington-Harper Elementary, Potomac Shores Middle School, and nearby John Paul the Great Catholic High School and the Ali Krieger Sports Complex. . Located just 8 miles from Quantico and within 5 minutes of I-95 Express Lanes, this home also offers convenient commuting options to Fort Belvoir and the Pentagon via car, PRTC bus, slug lines, or VRE.
Source: BRIGHT #VAPW2096014
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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