1 of 32
$400,000
SIGNIN

Sign in to see required down payment for the 5.25% rate

3218 Rimswell Ct, Midlothian, VA 23112

4 beds · 3 baths · 1,932 sqft

Welcome to 3218 Rimswell Ct - a beautiful 4 bedroom, 2.5 bath transitional home nestled in Midlothian, VA! Starting outside, you'll notice the home's located situated on a cul-de-sac lot adding further privacy to the home. The 1 car garage makes this the perfect home to grow into. Step onto your front porch, and process the tranquil ambiance of this area - making it the perfect location to wind down after a long week. inside, the open concept foyer greets you. Hardwood floors sprawl throughout most of your 1st level. Your family room is expansive featuring an elongated living room with centered fireplace as the focal point. Adjacent, you will find the updated kitchen flaunting stainless steel appliances, darker color cabinets & butcher block countertops - all adding a modern touch of characteristic to the home. Up front, the formal dining has plenty of natural light and looks on over to the front of the home. A private coat/accessory closet & powder room complete this level. Up the stairs, to your right, you will find bedroom number two. It's incredibly private, making an amazing bedroom for guests, kids or even a home office. Across the set of stairs and to your left, bedroom #3 is ample & cozy. Your full size laundry closet features a set of sliding barn doors - another touch of customization. Your 4th bedroom also boasts privacy - carpeted floors and a lovely view of the rear yard. The primary bedroom is plentiful - a King Size bed is able to be comfortably accommodated here. Dual closets are located here, including a walk in closet being one of the two (shoes anyone?). Your ensuite hosts a dual vanity, jetted tub, stand up shower & private water closet. Outside, enjoy your new rear deck - the perfect gathering space with friends and family. With it being fenced in - this is the perfect yard. With desirable Chesterfiield schools, plenty of space with a 1 car attached garage + close proximity to i288 & everyday shopping wants & needs = Rockwood Park - welcome HOME!

Estimated
Seller's interest rate
5.25%
7%
Estimated
Monthly payment

$2,577
$2,940
You may also save up to $118,077 in total interest paid.

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.

Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,940 monthly payment

Financed
SIGNIN
Location
Loan details
Loan type
FHA
Rate
5.25%
Remaining term
27 yrs and 2 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,577
Principal & interest
$1,897
Mortgage insurance
$243
Property taxes
$300
Home insurance
$136
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,932 sqft
Lot size
0.272 acres
Year built
2008
Type
Single Family Residence
HOA dues
$0.00

Source: CENTRALVIRGINIA #2515242

Frequently asked questions

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.

View all FAQs
Last updated: Jun 20, 2025 08:22 pm
Listing agent: Ray Rivera (804) 833-5711
Listing provided courtesy of: EXP Realty LLC (804) 729-5188
Details provided by CENTRALVIRGINIA and may not match the public record.
MLS ID: #2515242
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2025 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
Est. seller's rate
5.25%
How it works

No credit check. Takes 2 minutes.