4222 Lamarre Dr Fairfax, VA 22030
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About this home
PRE-CONSTRUCTION OPPORTUNITY. Welcome to the future site of your dream custom home 4222 Lamarre Drive Fairfax VA 22030. Located in the sough- after Woodson High School Pyramid this craftsman style home will offer 4 bedrooms and 4.5 baths, 2 car garage and an unfinished basement. Buyers will have the opportunity to customize this house during the development phase. The choice is yours to personalize and tailor to your lifestyle needs. See the preliminary plans: buyers have the option to add a third floor that includes 1 bedroom and 1 full bath, the option to add an individual dwelling unit in the basement adding 2 additional bedrooms, 1 full bath, laundry, e-grass window, outside access and a fully equipped kitchen, the option to add a fireplace. The images provided offer a similar representation of the final product, though not exact and they are samples of other Custom homes built in the Northern Virginia Area. This custom home will feature nine-foot ceiling throughout basement, first and second floor. An elegantly designed main level with an open concept living featuring a cozy one bedroom, and one full bath for your convenience. A gourmet kitchen with a large entertaining center island and ample cabinet space designed for those who cherish cooking and entertaining, with stainless steel appliances, a central island perfect for meal prep and gathering, and an open concept design that seamlessly connects to the dining room and living area create a harmonious flow throughout the dream home. Heading to the second level, where you will find your Master Bedroom a sanctuary of luxury living highlighted by the splendid master bathroom and ample space for relaxation and two generously sized bedrooms each with its own en-suite bathroom tailed for modern comfort. The convenience of the laundry room on this level adds practically to your daily routine.
Source: BRIGHT #VAFX2263818
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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.