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7447 Cheltenham Dr, North Chesterfield, VA 23235
4 beds · 3 baths · 2,174 sqft
This North Chesterfield home packs a punch with value and convenience. Forestdale sits perfectly between the Hull Street Rd and Midlothian Tnpk retail corridors and is an easy hop on Chippenham Pkwy to get you downtown or to I95. Features include; Large corner 1/3 acre lot; Paved driveway with room to park multiple vehicles including a camper; Easy maintenance exterior with brick/vinyl/cedar siding, replacement windows, and appx. 10yr old roof; Spacious interior at 2174 sqft and a killer floor plan; Hardwood floors throughout most of the home on both first and second floor; Entry Foyer w/coat closet; Large Living Room w/picture window; Dining Room for hosting or great potential playroom/office; Bright & cheerful kitchen w/painted cabinets, new stove, plenty of cabinets for storage, countertop space for prep & room to Eat-In; Cozy Family Room w/gas fireplace; Half Bath w/bonus storage closet; Second level Primary Suite w/ generous closet space & refreshed ensuite bath w/ stall shower; 3 additional Bedrooms each w/bright windows & nice closets share a full Hall Bath; Pull Down Attic for storage; Side Deck in the shade for Summer Sitting/Dining; Oversized rare for the area heated/cooled Garage/Workshop space which includes room for at least 1 vehicle, a work shop, laundry and tons of storage - perfect for the car/woodshop/hobby enthusiast! Pool memberships are available at nearby Surreywood Rec so get in before the summer is over to enjoy this amenity!
Source: CENTRALVIRGINIA #2515333
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: CENTRALVIRGINIA #2515333
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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