Sign in to see required down payment for the 5.25% rate
244 Marsden Heights Rd, Linden, VA 22642
4 beds · 4 baths · 1,776 sqft
Welcome home to this well-maintained 4-bedroom mountain retreat on over 3 acres in Loch Linden! Experience the peace of living in the woods from one of three outdoor living areas, which include two Trex decks and a beautiful front porch that overlooks a fully fenced yard. Enjoy wintertime views of the Shenandoah River or spend summer at the private lake included in this community. The Loch Linden Property Owners Association offers a private, natural spring-fed lake and recreation area where you can enjoy fishing, canoeing, and kayaking. High-speed internet will be ready on day one with Starlink equipment conveying with the home! A rooftop antenna mast is already installed, providing the new owners with reliable high-speed internet service that supports working from home. Updates include new appliances in 2024 (refrigerator, range, and dishwasher), HVAC units replaced in 2020 and 2024, fresh paint, and a new fence that was installed in 2024. On the first level, you’ll find a freshly painted living area, a kitchen with butcher block island and new appliances, a dining room, and an updated half bath. Upstairs, the primary suite features a private bathroom with large linen closet, along with two more bedrooms that share another full bathroom. On the lower level, there is a family room, a large fourth bedroom, a full bathroom, a laundry area, and four additional closets to meet all your storage needs.
Source: BRIGHT #VAWR2011424
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 #VAWR2011424
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.
No credit check. Takes 2 minutes.