Welcome home to 3940 Brickert Place, a beautifully maintained, move-in ready end-unit townhome offering 2,295 square feet of thoughtfully designed living space across three fully finished levels. With 3 bedrooms, 3.5 bathrooms, and a walk-out basement, this home delivers the space, comfort, and flexibility today's buyers are looking for. The main level greets you with original hardwood floors that flow throughout, setting the tone for the character and quality found at every turn. The heart of the home is the large, open kitchen, featuring an island, stainless steel appliances, and plenty of counter and cabinet space, perfect for cooking, gathering, and entertaining. A convenient half bath rounds things out on the main level. Upstairs, brand new carpet runs from the staircase through all three bedrooms, adding a fresh, polished feel throughout. The primary suite is a true retreat, boasting a generous walk-in closet and a spa inspired en suite bath featuring a skylight that floods the space with natural light, a deep soaking tub, and a separate stall shower, the perfect place to unwind at the end of the day. Two additional well sized bedrooms and a full hallway bathroom complete the upper level, offering comfortable accommodations for family, guests, or a dedicated home office. The walk-out lower level is where this home truly sets itself apart. A cozy gas fireplace anchors the main living space, creating a warm and inviting space for movie nights or relaxed entertaining. A versatile bonus room offers endless possibilities, a home office, gym, or guest suite, while a full bathroom and dedicated laundry area add everyday convenience. With a private walk out entrance and a fully finished layout, the lower level also presents an attractive opportunity for savvy investors or multi-generational living. The roof was replaced approximately 8 to 10 years ago, giving buyers added peace of mind. As a coveted end unit in Ridgeleigh, enjoy extra windows, added privacy, and more natural light than a typical townhome. Two assigned parking spots are included for your convenience. The HOA includes access to a community pool, tennis and basketball courts, a playground, tot lots, and scenic trails, everything you need for an active, connected lifestyle right outside your door. Everyday conveniences are just minutes away, from groceries and dining, to shopping and services at Dillingham Square, Lake Ridge Commons, and Tackett's Mill. When you're in the mood for more, Potomac Mills and Stonebridge are just a short drive away, offering an unbeatable mix of retail, dining, and entertainment. Not to mention, the Quartz District which is currently under development. Commuters will love the unbeatable access to I-95, the OmniRide express bus service running along the I-95 corridor to Crystal City and downtown Washington, D.C. , and two nearby VRE commuter rail stations, making this location as practical as it is desirable. Don't miss your chance to call this one home, schedule your private tour today!
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
