3980 Longhill Station Rd
Williamsburg, VA 23188
4 beds · 3 baths · 2,020 sqft
$510,000
Get prequalified3980 Longhill Station Rd
Williamsburg, VA 23188
4 beds · 3 baths · 2,020 sqft
$510,000
Get prequalifiedWelcome to Your Dream Home! Discover this charming 4-bedroom residence, ideally situated for ultimate convenience. You'll be just moments from diverse shopping, popular restaurants, and major commuter routes including I-64 and Highway 199, putting everything you need within easy reach. Step inside and be greeted by a bright and open living space. The spacious kitchen boasts ample counter space and flows seamlessly into the living area, perfect for entertaining or daily life. Cozy up by the gas fireplace on cool evenings. Enjoy your morning coffee in the breakfast area, bathed in natural light from the large window. A formal living room and dining room offer excellent flow, complementing the open plan and providing versatile spaces for any occasion. Upstairs, you'll find four generously sized bedrooms, including a private primary suite. The en-suite primary bath is a true oasis, featuring a walk-in closet, a separate shower, a deep soaking tub, and convenient dual vanities. Outside, the back patio and rear deck offers a peaceful retreat for relaxing or entertaining, perfect for enjoying both morning and evening breezes. The backyard is fenced in perfect for the pets to run and play as well as a garden for those who like to grow herbs and vegetables. Plus, the community pool is just a short distance away, ensuring endless summer fun! Make this home yours today before it's gone!
Source: CENTRALVIRGINIA #2517126
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.