2740 Belsches Rd, Bumpass, VA 23024
3 beds · 2 baths · 2,448 sqft
JUST REDUCED!! Are you looking for privacy and no HOA?! This charming ranch style home has undergone complete modern renovation and shines brightly in its new finery! Neutral tones throughout echo spaciousness and continuity. Main level features 1632 SF & basement storage/utility area of 816 SF. Central open concept & defined entertaining/living/dining/kitchen zones flow effortlessly. Free standing kitchen pantry conveys. Master bedroom and custom private bath and his and her closets, located in the one wing while two other bedrooms with a central bath occupy the other wing of the home. In the last 3 years, all new electrical, plumbing, drywall, flooring, new septic system, new vinyl siding & windows plus partial finished basement area accessed via interior stairwell for storage/utilities/hobbies/playroom (you decide)! The kitchen comes complete with SS appliances, an island with seating, a window for gazing out over the kitchen sink plus ample cabinetry for all your cooking & storage needs. Screened in 210 SF front entry porch with space for a swing, vintage glider hanging herbs & flowers. Zoned A2 - so you can have your hobby farmette! Military grade tarp covered shed stays and held up under last winters snows! 2.2 Acres of land. Large trees around the home have been trimmed and beautiful crepe myrtles planted! Convenient to Bumpass amenities, Towns of Mineral, Montpelier & Louisa, minutes to Pleasant's Landing at Lake Anna, also convenient to Fredericksburg, Ashland, King's Dominon and Short Pump! Certain Photos have been Virtually Staged to show their potential.
Source: BRIGHT #VALA2007956
Source: BRIGHT #VALA2007956
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.
