9121 Will Loop King George, VA 22485
Your savings
About this home
Price Reduced !!!MOTIVATED SELLER!! 6.5 level acres with a beautiful brick front colonial. When you walk in you will notice gleaming hardwood floors and beautiful crown molding and everything you expect in a luxury home. Do you love to entertain? Whether you want formal entertaining using the grand living room with added study area and the huge dining room or Bbq's on the oversized back deck and playing games in the backyard there is plenty of space for all of your needs. The paved driveway has parking for everyone. A family room with vaulted ceiling and warming gas fireplace opens to the breakfast nook and kitchen. The kitchen features upgraded appliances and new granite countertops. After a long hard day retire to the oversized primary suite with added sitting area with warming gas fireplace. Or relax in the primary bath with a warm shower or a soak in the soaking tub, Upstairs features 3 additional bedrooms and large hall bath. Want more space? The unfinished basement offers lots of options for a movie theater room, storage area, additional bath etc. The detached 4 car garage will please any car enthusiast or just hold all of your extra toys, A extra carport to cover your RV or boat. This home has everything you would expect from a luxury country home and more.
Source: BRIGHT #VAKG2006278
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.