8412 Morocco Pl
Chesterfield, VA 23832
5 beds · 4 baths · 3,377 sqft
$619,900
Get prequalifiedAbout this home
Welcome to Your Move-In Ready Home in Sought-After Harpers Mill! This spacious 5-bedroom, 3.5-bath home with a fully finished walkout basement offers style, comfort, and room to grow! Step inside to find beautiful hardwood floors in the foyer and formal dining room. A private office just off the entryway is perfect for remote work or study. The heart of the home features a well-appointed kitchen with a breakfast nook, huge walk-in pantry, and easy access to the living areas—ideal for everyday living and entertaining. Upstairs, you'll love the luxurious owner's suite complete with a massive walk-in closet, soaking tub, and separate walk-in shower. Three additional bedrooms and a full bath complete the second floor. The walkout basement is perfect for guests or entertaining, featuring a large rec room, a fifth bedroom, a full bath, and access to a private patio. Plus, you'll find two unfinished storage areas for all your organizational needs. Located in Harpers Mill, a master-planned community with top-notch amenities, including pools, parks, trails, and more. Learn more about everything the neighborhood offers: Harpers Mill Amenities Don’t miss this incredible opportunity—schedule your showing today!
Source: CENTRALVIRGINIA #2515058
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FAQs
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.
Chesterfield, VA 23832
5 beds · 4 baths · 3,377 sqft