18191 Red Mulberry Rd
Dumfries, VA 22026
3 beds · 4 baths · 2,078 sqft
$565,000
Get prequalified18191 Red Mulberry Rd
Dumfries, VA 22026
3 beds · 4 baths · 2,078 sqft
$565,000
Get prequalifiedDiscover exceptional living in the resort-style community of Potomac Shores with this beautifully maintained brick-front townhome located at 18191 Red Mulberry Road in Dumfries, Virginia. Built in 2020, this spacious three-level home offers over 2,500 square feet of modern living space, a rear-entry two-car garage, and access to world-class community amenities. The open-concept main level is ideal for entertaining, featuring a gourmet kitchen with a large center island, granite countertops, stainless steel appliances, and upgraded espresso cabinetry. The kitchen flows into the dining area, family room, and a charming sitting area, with easy access to the rear deck—perfect for outdoor relaxation. A convenient half bath completes this level. Upstairs, the luxurious primary suite includes a tray ceiling, ceiling fan, large walk-in closet, and an elegant en-suite bathroom with double vanities. Two additional bedrooms offer generous closet space and share a full hall bath. The laundry room is conveniently located on the upper level. The fully finished walkout lower level includes a versatile recreation room, a second half bath, and direct access to the garage. The finished garage features custom built-in cabinetry for added storage and functionality. Residents of Potomac Shores enjoy a unique lifestyle with amenities including: Jack Nicklaus Signature Golf Course Tidewater Grill & Clubhouse State-of-the-art fitness center Multiple pools and multi-purpose courts Over 9 miles of wooded hiking/biking trails Canoe/kayak launch on the Potomac River Active social clubs: book club, bunco, car club, garden club & more Located minutes from I-95, Route 1, the VRE commuter rail (coming soon), shopping, dining, and top-rated schools, this townhome offers the perfect combination of comfort, style, and convenience. Schedule your private tour of 18191 Red Mulberry Road today and experience the best of Potomac Shores living! The sale is subject to the current lease in place that expires
Source: BRIGHT #VAPW2098154
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.