2413 Childs Ln
Alexandria, VA 22308
4 beds · 3 baths · 2,317 sqft
$850,000
Get prequalified2413 Childs Ln
Alexandria, VA 22308
4 beds · 3 baths · 2,317 sqft
$850,000
Get prequalified##Welcome to your dream home in the heart of Stratford on the Potomac—a coveted community known for its tree-lined streets, friendly neighbors, and unbeatable access to the best of Alexandria living. ##Greet guests on the charming front flagstone patio, a perfect spot to relax and connect with neighbors, or enjoy the convenience of the covered carport just steps away. Inside, this spacious four-bedroom, three-bath residence is thoughtfully designed for both comfort and style. The sun-filled open living and dining area invites gatherings, while the updated kitchen features modern finishes, sleek cabinetry, and ample counter space—ideal for any home chef. ##The lower level offers a large family room, two additional bedrooms, a full bath, and a dedicated office with custom cabinetry and abundant workspace, tailored for remote work or creative pursuits. ##Step out back to discover your private oasis: a second flagstone patio perfect for grilling and outdoor dining, surrounded by a serene, fenced yard with vibrant plantings and a sunny yellow shed. Whether you’re hosting summer barbecues or enjoying quiet mornings in the garden, this space is designed for relaxation and enjoyment. ##Enjoy direct access to Ft. Hunt Park and the nearby Mount Vernon bike and jogging trail for endless outdoor adventures. As a resident, you’ll also have the opportunity to join the Stratford Recreation Association, which offers a community-owned pool and clubhouse, creating a vibrant social hub all summer long (membership required; shares and annual fees apply). ##Experience the perfect blend of comfort, convenience, and community in one of Alexandria’s most desirable neighborhoods. Don’t miss your chance to make this exceptional home yours! ##**This home has a VA Assumable Loan at 3.625**
Source: BRIGHT #VAFX2246672
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.