4767 Tatum Mill Way # 202 Unit 202
Chantilly, VA 20151
3 beds · 3 baths · 2,450 sqft
$750,000
Get prequalifiedAbout this home
Elegant and spacious, this three-level condo in the highly sought-after Commonwealth Place showcases quality craftsmanship throughout. * Assumable VA Loan Available at just 3% - 30 year fixed. For qualified buyers, this home offers a rare chance to assume a VA Loan - a significant savings in today's market!!!* Also, "coming soon" is a brand-new one-acre Fairfax County Park that's under construction at the North end of Commonwealth Place at Westfields! Beautiful laminated wood flooring, dimmable lighting, and Wi-Fi-enabled smart switches offer both style and modern convenience. The gourmet kitchen is a true highlight, featuring a large Quartz island, abundant soft-close cabinetry with pull-out drawers, and a walk-in pantry complete with custom wood shelving, motion-sensor lighting, and a built-in wine cooler. The main level also includes a private study or office, along with a bright and open family room that leads to a covered porch—ideal for both relaxing and entertaining. Custom cellular shades with top-down/bottom-up functionality are installed on every window, while select windows include reflective tinting for added comfort and energy efficiency. Upstairs, the spacious primary suite features a tray ceiling, walk-in closet, and a luxurious en-suite bath with a custom tiled shower, frameless glass door, built-in bench, and linen closet. The laundry room is conveniently located on the bedroom level and thoughtfully designed with Quartz countertops, soft-close cabinetry, drying racks, and natural light. Two additional bedrooms share a well-appointed hall bath with dual-sink vanity and tiled shower. A private 1-car garage with driveway plus ample visitor parking add to the convenience. Just steps away from Wegmans, CAVA, Lazy Dog, and more! Enjoy easy access to Rt. 28, Rt. 66, Rt. 55, Dulles Toll Road, and Dulles Airport.
Source: BRIGHT #VAFX2250394
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FAQs
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.
Chantilly, VA 20151
3 beds · 3 baths · 2,450 sqft