2847 Seminole Rd
Woodbridge, VA 22192
3 beds · 4 baths · 2,220 sqft
$499,999
Get prequalifiedAbout this home
This spacious colonial style three-level townhome has more than 2,200 square foot of living space! Furnishes 3 beds, 2 full baths, and 2 half baths! The bright main level hosts the kitchen, dining room, living room, and half bath. Hardwood floors found throughout the main level; finishes include a breakfast nook, recessed lights, shining granite countertops and island, tile back splash and stainless steel appliances. Top level contains the primary bedroom and fully renovated en-suite bathroom with granite counter top, sliding glass door, stand up shower, and chrome fixtures along with two additional bedrooms and full bath with tub. Lower level has an additional half bathroom and laundry room with sink, built-in cabinets, counter top space, and half bath. The finished basement could be used as a rec-room and is completed with a fire place, sliding glass patio door with built-in blinds, and brand new gate/fenced-in back yard. Equipped with Ring and Nest systems! Property is located off of Old Bridge Rd with access to Fountainhead Regional Park, Occoquan Bay Regional Wildlife Refuge, Leesylvania State Park. Lake Ridge HOA membership includes access to the Workhouse Arts Center, River Mill Park, Lake Ridge Golf & Marina, Burke Lake, Burke Lake Park, and Mill House Museum. Amenities include, playgrounds, sports fields, fitness stations and outdoor tennis, pickleball, basketball, multi-use and volleyball courts. Access to 5 pools, a spray ground, boat ramp, and community centers. Shopping available nearby!
Source: BRIGHT #VAPW2098506
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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.
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Woodbridge, VA 22192
3 beds · 4 baths · 2,220 sqft