2650 Redcoat Dr Apt 3d Unit 3D Alexandria, VA 22303
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About this home
Welcome home to Huntington Club Condominiums, a commuter’s dream community just steps from the Huntington Metro Station (Yellow Line)! This beautifully updated 2-bedroom, 1-bath condo combines convenience, comfort, and modern style—all in one unbeatable location. Step inside to find all-new flooring, a freshly painted interior, and a brand-new electrical panel and outlets for added safety and peace of mind. Enjoy clean, comfortable air year-round with a wall-mounted air purifier that enhances indoor air quality. The spacious, open-concept living and dining area flows onto a private balcony overlooking lush, landscaped grounds—perfect for morning coffee or evening relaxation. This home includes one assigned parking space and a private storage unit, offering the space and convenience every homeowner desires. The monthly condo fee covers all utilities—electric, gas, water, heating, and cooling—plus access to exceptional community amenities: an outdoor pool, fitness center, tennis courts, playground, and clubhouse. Ideal for first-time buyers, downsizers, or investors, this location is unmatched—just minutes to Old Town Alexandria, I-495, Route 1, National Harbor, and Amazon HQ2. Walk to Metro or hop on nearby bus lines for a stress-free commute to D.C. and beyond. This property offers a VA assumable mortgage at 4.125%, providing a rare opportunity for qualified buyers to take advantage of existing financing terms—an exceptional benefit in today’s market.
Source: BRIGHT #VAFX2276124
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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.