5427 Rilian Ct, Burke, VA 22015
4 beds · 4 baths · 2,920 sqft
Welcome Home to the Meadows of Narnia where homes don't come on the market very often! You'll fall in love with this gorgeous Colonial on a quiet cul-de-sac in the Lake Braddock School Pyramid! Burke is in the center of it all - a great location just minutes to schools, shopping, restaurants, and easy commute options including the Rolling Rd VRE Station just 1.2mi away and several bus stops. This home is perfect for entertaining family and friends with great flow from Living Room, to Dining Room, to the open concept Eat-in Kitchen and Family Room with cozy fireplace perfect for your watch parties or movie nights! You have easy access from the Kitchen to the fully fenced backyard with beautiful patio ready for your BBQs! You'll have fun cooking and baking in the lovely kitchen with granite counters, stainless appliances and large pantry! You'll love having 4 spacious bedrooms on the Upper Level including the tranquil Primary Retreat with renovated en-suite bath! You'll love the large finished basement with tons of storage. Updates and upgrades include: New Radon Mitigation System 2024, New Garbage Disposal 2024, New Dishwasher 2022, New Range 2022, New Roof June 2020, New Siding June 2020, New HVAC May 2020, New Front patio 2019, New Main floor lighting 2019, New Fence 2018, New Rear Patio 2018, Primary and Main Bathrooms 2018, and Master Closet 2018. You'll love living here!
Source: BRIGHT #VAFX2221422
Source: BRIGHT #VAFX2221422
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.
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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.
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