26315 Hill Rd Ruther Glen, VA 22546
Your savings
About this home
Charming Updated Home in Caroline Pines! Welcome to this beautifully updated 3-bedroom, 2-bath home nestled in the beautiful Caroline Pines community. With 1,838 square feet of comfortable living space, this home offers modern updates and a warm, inviting feel throughout. Step inside to find a freshly updated kitchen featuring modern finishes, including new flooring, updated cabinetry, appliances, backsplash and countertops with plenty of counter space — perfect for both everyday living and entertaining. Both bathrooms have been stylishly renovated and updated with new flooring, countertops, cabinets and modern lighting; all with a BRAND NEW roof which provides peace of mind for years to come. Don't miss the amazing theater space on the bottom level, perfect for entertaining or enjoying a movie at home! Enjoy access to all the wonderful amenities Caroline Pines has to offer, including a community pool, playgrounds, lakes, and ponds — ideal for outdoor fun and relaxation. This move-in ready home combines comfort, style, and a family-friendly neighborhood in one perfect package. Don’t miss your chance to make it yours!
Source: CENTRALVIRGINIA #2528936
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.