11667 Riverboat Dr Chester, VA 23836
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About this home
Unlock up to $50,000+ in Instant Equity—Your Dream Home Awaits in Meadowville Landing! Welcome to this exquisite 5-bedroom, 4.5-bathroom home, located in the highly sought-after community of Meadowville Landing in Chesterfield County. This spacious residence offers over 3,700 sq. ft. of luxurious living space, perfectly blending style, comfort, and functionality for modern living. Five generously sized bedrooms that provide both comfort and privacy for the entire family. Four full bathrooms, including a convenient Jack-and-Jill plus a half bath on the main level—ideal for larger families or guests. The main-level bedroom features an en-suite bathroom, perfect for guests or multi-generational living. An expansive family room on the main floor with an open-concept layout, perfect for entertaining or simply relaxing with loved ones. A gourmet kitchen that serves as the heart of the home, featuring a butlers pantry, large granite island, ample counter space, a gas range, and top-of-the-line appliances. Upgraded LVP and tile flooring throughout, adding warmth and elegance to every room. A versatile upstairs loft that can easily be transformed into a theater room, playroom, or additional lounge area. Two serene outdoor spaces, including a welcoming front porch and a spacious back deck, ideal for relaxation or hosting gatherings. Located just minutes from local parks, shopping, dining, and major highways, this home offers the perfect balance of tranquility and convenience. Enjoy a peaceful neighborhood atmosphere while remaining close to everything Chester has to offer. Don’t miss out on this incredible opportunity—schedule your showing today as this property is priced to sell!
Source: CENTRALVIRGINIA #2521198
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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.