604 Rolling Valley Dr
Fredericksburg, VA 22405
3 beds · 4 baths · 1,860 sqft
$450,000
Get prequalified604 Rolling Valley Dr
Fredericksburg, VA 22405
3 beds · 4 baths · 1,860 sqft
$450,000
Get prequalifiedDiscover the epitome of comfort and style at 604 Rolling Valley Drive, Fredericksburg, Virginia, 22405—a stunning 3-bedroom, 3.5-bathroom townhome tailored for family living or anyone seeking a blend of luxury and convenience. Boasting an impressive 2,785 square feet of contemporary space, this 2020-built residence is brimming with premium upgrades and an expansive 18' x 11' deck, making it an entertainer's dream. Step inside to experience the elegance of an open floor plan that seamlessly connects living spaces, highlighted by sleek quartz countertops, top-of-the-line stainless steel appliances, and a grand kitchen island perfect for gourmet creations. The warmth and sophistication extend to the tranquil primary suite, featuring a spa-inspired bathroom with a deep soaking tub, a separate shower, and a generous walk-in closet. This Colonial townhome excels in efficiency with its energy-conscious construction and provides an abundance of storage solutions throughout. Luxuriate in the stylish finishes and thoughtful touches that make this home a true haven. Nestled within a bustling community, you'll enjoy the exclusive amenities, including a clubhouse, pool, fitness center, and picturesque walking trails. Plus, with the ease of access to I-95 and the historic charm of downtown Fredericksburg, all your needs are within reach. Benefit from the convenience of included trash and snow removal services, adding to the property's allure. Ready for immediate move-in, this exquisite townhome with its oversized 2-car garage awaits your arrival. Don't miss the opportunity to call 604 Rolling Valley Drive your new home—schedule your tour today!!!
Source: BRIGHT #VAST2040108
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.