5501 Seminary Rd Apt 2606s Unit 2606S Falls Church, VA 22041
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About this home
Prepare to be swept away by this stunning Skyline Square Penthouse, where sunny, panoramic DC Skyline awe-inspiring views meet an unparalleled luxury lifestyle—this is the exceptional home you’ve been waiting for! The move-in ready unit showcases designer excellence with a nice kitchen featuring brand new SS appliances and high end backsplash from "Carrara" Marble Collection. The unit boasts two spa-like, completely renovated bathrooms: the Primary Bathroom Oasis features "Maximo Vittorio Bianco" Polished Porcelain Tile, high-end KOHLER: toilet, shower fixtures, medicine cabinets. Enjoy “JEK” vanities & ‘Calacatta Laza’ quartz countertops in both bathrooms & ceiling recessed LED light fixtures while the Second Bath is equally polished with 'Castille' Porcelain and Brazilian Glossy Bright White tiles. The McQuay Water Source Heat Pump is fully prepared and ready to deliver optimal performance. Further enhancing comfort are superior, energy-saving remote-controlled Cellular Honeycomb blinds throughout (on remote). Strategically located in the heart of NOVA, you’ll enjoy a carefree commute to DC, the Pentagon, and Amazon HQ2, all while securing the ultimate urban amenity: TWO dedicated, garage parking spaces—a truly rare and valuable feature that defines luxury living in this location. Luxury, Location, and Carefree Lifestyle—this dream unit is ready for the happy buyer to enjoy the holidays!
Source: BRIGHT #VAFX2275882
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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.