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18 Cross Cut Ln, Fredericksburg, VA 22405
4 beds · 3 baths · 2,286 sqft
Beautiful, spacious property in an absolutely fabulous location being situated in Southern Stafford and so close to nearly everything you could think of too!!! Come home after a long day and unwind with everything this charming residence has to offer. Whether you're enjoyed a delicious meal in the large, eat-in kitchen right next to additional built-in cabinetry (which is perfect for extra storage by the way), kicking back beneath the vaulted ceilings of the airy family room to watch a fun TV show, or relaxing out back on the sizeable deck even overlooking the vast, surprisingly level, backyard (fully fenced in too we might add), there is just no shortage of features to love. Plus, we're not done yet! Back inside you'll find not just 1 but 2 (yes two) primary suites, each with their own separate full baths for that added privacy. Down in the basement we'd be remiss if we also didn't point out the huge bonus rec room area as well! There is just an abundance of space available everywhere you look. Now, last but most certainly not least, is the fantastic location! You are quite literally 10 minutes or less from almost everything, including all manner of shopping, restaurants, entertainment, the train stations (2 of them actually), 95, and Downtown Fredericksburg itself! You really almost couldn't be in a better spot. With all of this and more, we'd love to have you stop by to take a look for yourself today! Can't wait to see you there!!!
Source: BRIGHT #VAST2040588
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAST2040588
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.
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