7103 Catlett Rd
Bealeton, VA 22712
4 beds · 4 baths · 3,534 sqft
$599,900
Get prequalified7103 Catlett Rd
Bealeton, VA 22712
4 beds · 4 baths · 3,534 sqft
$599,900
Get prequalifiedBuyers: This property offers an assumable loan at 2.25%. Discover this stunning home, perfectly situated on over 1.5 acres of flat land – a true rarity! Step inside to a welcoming foyer that gracefully ascends to the spacious dining area and a chef's dream: an updated gourmet kitchen. Prepare to entertain with ease, featuring a wine refrigerator, double ovens, a convenient cooktop, and an abundance of rich cabinetry. The expansive lower level is home to a huge family room, offering ample space for relaxation and gatherings, with direct access to your incredible backyard retreat. Prideful ownership shows with investments into the brand new heat pump (2025), new hot water tank (2023) and newer windows (2021). Upstairs, unwind in the large primary suite, boasting a private bathroom complete with a stand-up shower, a separate soaking tub, and an impressive walk-in closet! Three additional, generously sized bedrooms provide comfort and privacy for family and guests. One spare bedroom even includes its own private ensuite bathroom, while a well-appointed hall bathroom serves the others. A versatile loft area provides bonus living space and leads to a charming front deck, ideal for enjoying your morning coffee. The backyard is a true standout, offering approximately 1 acre of fenced space, providing both security and endless possibilities for outdoor enjoyment and recreation. Don't miss the opportunity to own this exceptional property in Bealeton!
Source: BRIGHT #VAFQ2016744
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.