829 Golden Arrow St Great Falls, VA 22066
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About this home
Welcome to this elegant and spacious home ideally located walking distance from the Great Falls Village Centre. Situated on a half-acre lot, this home offers a fully fenced yard and a charming slate patio - ideal for relaxing or entertaining outdoors. A grand two-story foyer with a curved staircase sets the tone for the sophisticated interior. Formal living and dining rooms at the front of the home are filled with natural light from large windows, creating inviting spaces for entertaining. The gourmet kitchen is a chef’s dream, featuring a large island, premium Miele appliances, dual sinks, a wine cooler, butler’s pantry, and a spacious walk-in pantry. The adjoining breakfast area opens to a cozy family room with a fireplace, perfect for relaxing and entertaining alike. The main level also includes a versatile bedroom with an en-suite bath that can double as a home office, along with a well-designed mudroom/laundry area offering convenient access to the two-car garage. Upstairs, you’ll find four generous bedrooms, each with its own en-suite bath. The luxurious primary suite features a sitting area, double-sided fireplace, his-and-hers closets, and a spa-inspired bathroom. A second laundry room on this level adds everyday convenience. The finished walk-up lower level is designed for entertaining and leisure, complete with a wet bar, gym, theater room, and an additional bedroom and full bath—ideal for guests or an in-law suite. Located in the sought-after Langley High School pyramid and minutes to Tysons Corner, I-495 and the GW Parkway, this home offers comfort and style in the heart of Great Falls. Welcome home!
Source: BRIGHT #VAFX2273992
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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.
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