6623 Kennedy Ln
Falls Church, VA 22042
5 beds · 3 baths · 3,875 sqft
$1,199,000
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PRICE ADJUSTMENT! Prepare to be WOWed! It’s not your typical house. This incredible home has been updated and expanded to perfection. 5 bedrooms, 3 baths blends timeless charm with modern aesthetics. As you pull up, the all-brick exterior with a stately two-story portico entrance, 2 car garage and a spacious two-level addition invite you to see what’s inside. The interior features warm hardwood floors, designer neutral paint, decorative moldings, built-in shelving, and contemporary lighting. Start with the light-filled living room centered around a cozy gas fireplace that flows to the formal dining room with plantation doors and stylish fusion chandelier pendants. Make your way to the expanded chef’s kitchen with quartz countertops, designer tile backsplash, and high-end stainless steel appliances including gas range that opens right to light filled morning room—perfect for casual meals or coffee with a view. The 3 bedrooms on this level are all great sizes. The luxurious primary suite with a large walk-in closet customized with built-in shelving and spa-inspired en-suite bath is the perfect place to unwind. There are two additional spacious bedrooms that share a similarly fashioned hall bath. Make your way downstairs to the multi-functional lower level with wet bar area, brick accent wall with gas log, and walkout to patio. The flexible layout includes a 4th bedroom, 5th bedroom/exercise room, and full bath—ideal for guests, office space, or playroom. Lower level also includes a laundry center with modern appliances, garage access, and plentiful storage solutions. Don’t miss the incredible screened porch leading to the impressive back yard. Rear fenced and ready for you to entertain. There’s an additional shed/workshop to make taking care of your lush lawn a breeze. This home is a perfect 10 inside and out! Its minutes from the vibrant Merrifield Mosaic District with top-tier shopping, dining, and entertainment. Prime commuter location near Falls Church City, Route 50, I-495, Express Lanes, and the Metro. Welcome home!
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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.
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Falls Church, VA 22042
5 beds · 3 baths · 3,875 sqft