9509 Lincoln Ave, Manassas, VA 20110
4 beds · 3 baths · 1,993 sqft
Welcome to your dream home in the heart of Manassas! Nestled on a spacious 0.34-acre lot, this fully renovated single-family home offers the perfect blend of beauty, comfort, space, and convenience. You are captivated upon entering the main level with a chef’s dream eat-in kitchen with quartz countertops, tons of cabinet space and plenty of counter space for food prep and even a breakfast bar area for quick meals on the go - nothing has been left for granted. The Family room conveniently flows from the kitchen with a large bay window to allow loads of natural light and a wood burning fireplace to relax and enjoy the cooler seasons. The main level is complete with a formal living room, formal dining room and half bath. The stunning Primary bedroom offers a soaring cathedral ceiling, plenty of space, large walk-in closet and spa-like bath. There are 3 large bedrooms and a beautiful hall bath that finishes off the upper level. The large deck is great for entertaining and barbecuing or just sitting having morning conversations over coffee looking out over a large backyard. Less than a 10 min walk to everything Old Town Manassas has to offer - restaurants, shopping, VRE and much more! Don’t miss your opportunity, schedule your showing today!
Source: BRIGHT #VAMN2008406
Source: BRIGHT #VAMN2008406
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.