1705 Hudgins Farm Cir, Fredericksburg, VA 22408
5 beds · 5 baths · 4,290 sqft
Welcome to this beautifully maintained and wonderfully cared-for home, ideally situated on a spacious corner lot and offering over 4,200 square feet of elegant living space. With 5 bedrooms and 4.5 bathrooms, including a full guest suite in the finished walk-up basement, this home offers room to grow, relax, and entertain in style. Step inside and be captivated by the gourmet kitchen, the true heart of the home, featuring an expansive quartz island, abundant cabinetry, and high-end finishes throughout. Whether you're preparing a weeknight meal or hosting a gathering, you'll love the layout, function, and flow this kitchen provides. The open-concept design connects seamlessly to the living and dining areas, making everyday living both comfortable and convenient. The finished basement offers a private guest retreat with a full en suite bedroom and bathroom, along with a generous recreation room and space for hobbies, fitness, or media. Upstairs, the spacious bedrooms provide peaceful retreats, while the luxurious owner's suite is a true sanctuary—complete with a soaking tub beneath a sunny window, dual vanities, and an oversized walk-in closet. Outside, enjoy the, beautiful fenced backyard, poured concrete patio, and ample space for entertaining or relaxing in privacy. From its thoughtful upgrades to its pristine condition. To top it off, the location is a commuter’s dream—conveniently central to the VRE, I-95, Route 1, and nearby train stations, making daily travel to Northern Virginia or D.C. smooth and accessible. This home offers the perfect blend of comfort as well as functionality in a highly connected setting.
Source: BRIGHT #VASP2032928
Source: BRIGHT #VASP2032928
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.