2471 Post Oak Dr, Culpeper, VA 22701
4 beds · 4 baths · 3,782 sqft
Welcome to 2471 Post Oad Dr! This stunning three-level, four-bedroom, three-full-bath, one-half-bath home offers everything you are looking for! The main level boasts an open floor plan with formal dining, a huge eat-in kitchen with island and massive pantry, a guest powder room, and a large living room. The oversized deck and fenced backyard that backs to trees extend your living space outdoors. Upstairs, you will find an open loft space, a large hall bath, a massive laundry room, ample storage space, 2 well-appointed secondary bedrooms, and a stunning primary bedroom with en suite bath that features a separate shower and soaking tub, along with three closets! On the lower level, you will find an additional bedroom with a full bath, a family room, and a den/bonus area. Walk out onto your private covered patio to enjoy your backyard. The two-car garage has a hobbyist in mind with extra added outlets and ample storage space, along with an upgraded door opener. Conveniently located just minutes from downtown Culpeper, major commuting routes, shopping and entertainment. This is a must-see property!
Source: BRIGHT #VACU2010584
Source: BRIGHT #VACU2010584
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.