Welcome to 6324 Chimney Wood Court — a beautifully renovated 3-bedroom, 2.5-bath town home tucked away on a quiet cul-de-sac in sought-after South Kings Station. Backing to open green space and mature woods with no rear neighbors, this home offers a rare combination of privacy, peaceful wooded views, and stylish modern updates rarely found this close to Old Town Alexandria and Washington, D.C. Surrounded by large mature trees and tranquil wooded scenery, the rear outdoor spaces create the perfect setting to unwind after a long day, enjoy a quiet evening on the deck overlooking the trees, entertain friends outdoors, or simply enjoy the peaceful natural surroundings. The expansive green space behind the home provides a unique sense of openness and privacy rarely found in a townhouse community. Added to that is a walking trail that leads from the community, through the woodlands, and down to a creek, then continues and circles back to the house. You get the benefits of having woods and trails without having to drive you car to a nearby park. Add that to having great neighbors, small well run community, and great proximity to DC, major employers, events, venues, historic Old Town Alexandria, and the Potomac River Mount Vernon Trail. Extensively updated over the last few weeks, this move-in ready home features brand new windows, newer HVAC system, newer hot water heater, renovated kitchen and baths, updated flooring, fresh designer paint, recessed lighting, updated fixtures, modern hardware, and stylish finishes throughout. The beautifully renovated kitchen showcases shaker cabinetry, quartz countertops, farmhouse sink, stainless steel appliances, subway tile backsplash, and updated fixtures creating a clean, timeless modern aesthetic. The open main level offers an exceptional flow for everyday living and entertaining centered around a striking floor-to-ceiling stone fireplace and large sliding glass doors leading to the elevated deck and wooded views beyond. And with major systems already updated and stylish renovations completed throughout, you're ready to have friends over right away. Upstairs features spacious bedrooms with tranquil tree views, updated bathrooms with modern vanities and fixtures, and a serene primary suite filled with natural light. The finished lower level offers additional living space ideal for a recreation room, office, gym, or guest space with walk-out access to the fenced rear yard, a spacious laundry room, beautifully updated full bath with walk-in shower, and additional storage space. Enjoy outdoor living with multiple entertaining spaces including the covered front porch, private rear deck, and fenced backyard backing to trees and open green space. Ideally located with easy access to Metro, commuter routes, Old Town Alexandria, National Landing, The Pentagon, Fort Belvoir, and Washington, D.C., this home also offers convenient access to shopping, dining, parks, and major employers throughout Northern Virginia. This is the one you've been waiting for — updated, stylish, private, and exceptionally well located.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
