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40623 Canongate Dr, Leesburg, VA 20175
4 beds · 6 baths · 7,422 sqft
PRICED TO SELL QUICKLY! BELOW ASSESSMENT! A RARE OPPORTUNITY FOR A LUCKY PURCHASER! An EXTRAORDINARY PROPERTY, INSIDE & OUT! Great curb appeal including a 3 sided stone & stucco elevation; One of the best lots in Shenstone & ultimate privacy. Beautifully sited on 3.73 wooded Acres, Backing to a Stream & Extensive Landscaping. Over 7400 sq ft of quality living space. Enjoy tending two Fenced Mature Vegetable & Berry Gardens areas; Summer cook outs on the extensive deck and gazebo. There are 3 fully finished levels; 2 fireplaces, 1 gas; 1 JOTL; Owner's suite offers a luxury bath with his & her vanities & dressing areas; large custom w/I closet -3 additional en-suite large bedrooms 2 with w/I closets, complete the upper level. Enjoy a Sun-filled Gourmet Kitchen with stainless steel appliances, including a commercial 6 burner stove Top; large Palladian window & eat in space in Kitchen and top of the line interior finishing; Hardwood floors; plush neutral carpets, ceramic tile. The walk-out fully finished basement offers a Large Rec Rm, wet bar with a Chicago bar style countertop, theatre room, exercise room Plus Optional 5th bedroom & bath (4 bedrm perc) and ample storage. Just minutes to downtown Leesburg, shopping, restaurants. Close to Toll Road & Route 7 and Just 25 Minutes to Dulles Airport. New roof 2023, upper HVAC unit appx 5 yrs, newer UV filter system,
Source: BRIGHT #VALO2100772
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VALO2100772
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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