17516 Wayside Dr, Dumfries, VA 22026
4 beds · 4 baths · 4,069 sqft
Your Dream Home Awaits – Assumable FHA Loan at 3.75%! Over 4,000 finished square feet! Discover the perfect blend of comfort, elegance, and convenience in this stunning three-level home featuring 4 bedrooms, 3.5 baths, a two-car garage, and a dedicated main-level office, with a fully finished basement with a potential private guest or in-law suite, this move-in-ready gem is waiting for you! All designed for modern living. Bright & Open Living Spaces! Step inside and be welcomed by an abundance of natural light that pours into the two-story family room, creating a warm and inviting atmosphere. The formal dining and living rooms offer timeless charm, while the spacious kitchen boasts granite countertops, a large island, stainless steel appliances, and direct access to the deck. Whether you're hosting gatherings or enjoying a quiet evening, the expansive, fenced backyard provides the perfect outdoor retreat. Owner’s Suite & Upper-Level Comfort Escape to your private sanctuary in the owner’s suite, featuring a custom walk-in closet and a spa-like en suite bath with a soaking tub and separate shower—your personal oasis for relaxation. Three generously sized additional bedrooms and a full bath complete the upper level, ensuring ample space for family and guests. Ultimate Entertainment & Bonus Living Space! The fully finished basement is an entertainer’s dream! Enjoy a wet bar, spacious recreation area, additional storage, and a full bath—ideal for game nights, a media room, or even a private guest or in-law suite. Unbeatable Location & Easy Commute Situated just one mile from the Dumfries commuter lot, 1.5 miles from I-95, and three miles from Quantico, this home offers unmatched convenience for commuting, dining, and entertainment. Don’t miss this incredible opportunity! Schedule your private showing today and see why this home is everything you’ve been looking for!
Source: BRIGHT #VAPW2090264
Source: BRIGHT #VAPW2090264
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.