73 Village Grove Rd
Fredericksburg, VA 22406
6 beds · 4 baths · 3,074 sqft
$645,500
Get prequalified73 Village Grove Rd
Fredericksburg, VA 22406
6 beds · 4 baths · 3,074 sqft
$645,500
Get prequalifiedWelcome to this beautifully updated 6-bedroom, 3.5-bath home, ideally located in the highly sought-after Stafford Lakes community off Route 17. Stafford Lakes is known for its friendly atmosphere, tree-lined streets, and wonderful amenities that make every day feel like a getaway. Residents enjoy access to a community pool, clubhouse, walking trails, playgrounds, and sports courts — there’s something here for everyone to love. This location is unbeatable for families — just minutes away from the brand-new 6th high school slated to open in 2026. Plus, Route 17 offers everything you could imagine, from popular restaurants and coffee shops to grocery stores, shopping centers, and everyday essentials. Whether you’re commuting to Quantico or DC, or spending an afternoon exploring historic downtown Fredericksburg, you’ll be perfectly positioned for it all. Inside, this spacious 3,100 square foot home shines with thoughtful renovations throughout. You’ll love the stunning white oak hardwood floors, fully remodeled kitchen with custom cabinetry, gas cooktop, and plaster exhaust vent, plus the addition of a stylish butler’s pantry and half bath. The entire home has fresh paint, new carpet upstairs and downstairs, LED lighting in every room, and a whole-house audio system on the main level. Additional highlights include a two-car garage with added electrical upgrades and extra storage, plus a peaceful backyard that backs to community land filled with mature trees — giving you extra privacy and a sense of space that’s hard to find. If you’ve been searching for a turn-key home in a thriving, amenity-rich community close to top-rated schools, dining, shopping, and major commuter routes — this is the one for you. 6th bedroom in basement is not to code.
Source: BRIGHT #VAST2040270
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.