6300 Stevenson Ave Apt 1113 Unit 1113 Alexandria, VA 22304
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About this home
Penthouse Alert – Act Fast! Welcome to your sunlit sanctuary at 6300 Stevenson Ave, Unit 1113 in Alexandria. This rarely available penthouse-level home offers sweeping views, modern upgrades, and an unbeatable financing opportunity – ask about the 2.5% assumable loan that could save you thousands in interest. The open-concept layout flows effortlessly from a newly remodeled kitchen – complete with luxe finishes and a built-in breakfast bar – to a spacious living area with motorized shades for instant light control. Two generously sized bedrooms feature abundant closet space and blackout shades for restful nights. Step onto your private balcony to enjoy fresh air, sunshine, and skyline views. Resort-style amenities include an outdoor pool, tennis courts, onsite walking trail, a fitness center, and sauna. Located just over a mile from the Van Dorn Metro, you’re minutes from Safeway, international markets, dining, and entertainment. Timing is critical – this home may be subject to bankruptcy proceedings, so interested buyers should move quickly. Experience the perfect blend of comfort, convenience, and style at this top-floor treasure. Your next chapter starts here. VACANT GO SHOW ON SENTRILOCK
Source: BRIGHT #VAAX2048614
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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.