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7 Ridgeview Cir, Fredericksburg, VA 22406
3 beds · 3 baths · 2,496 sqft
Welcome to 7 Ridgeview Circle, Fredericksburg, VA 22406 — a private retreat just minutes from town, with modern upgrades and natural charm! This cedar sided home has 3-bedroom, 3-bath , is perfectly situated on over 3.4 acres at the end of a peaceful cul-de-sac. Surrounded by mature trees and nature, you’ll enjoy the tranquility of country living with the convenience of being close to shopping, dining, I-95, and downtown Fredericksburg. Step inside to find a beautifully remodeled interior featuring an updated kitchen with modern finishes, renovated bathrooms, and stylish new flooring throughout. A brand-new front door adds curb appeal and a welcoming touch. All plumbing has been upgraded to durable PVC for long-term peace of mind. The expansive wrap-around deck offers the perfect setting for outdoor entertaining, relaxing with morning coffee, or taking in the surrounding nature. The finished basement apartment offers a flexible living space—ideal for guests, rental income, or multi-generational living. Additional highlights include a newer roof, strong Comcast internet connection for remote work or streaming, and walk to the Rappahannock River, perfect if you enjoy walks and hikes. Homes like this—updated, move-in ready, and set on a spacious lot in a desirable location—don’t come along often. Schedule your private tour today and experience the lifestyle that 7 Ridgeview Circle has to offer!
Source: BRIGHT #VAST2040220
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VAST2040220
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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