Beautiful Brick End-Unit Townhome in the Heart of Walkersville! Welcome home to this stunning brick end-unit townhome ideally located across the street from the Walkersville Library and just two blocks from the newly renovated Creamery Park. This home combines modern updates with classic charm and offers an abundance of natural light throughout. The welcoming foyer includes a coat closet and high ceilings. Step inside to find hardwood floors on the main level and fresh paint throughout. The spacious family room features a large bay window that fills the space with light, while the separate dining room flows seamlessly into the beautifully updated kitchen. The kitchen showcases granite countertops, ceramic tile flooring, a stylish backsplash, stainless steel appliances, and plenty of cabinet and counter space—perfect for cooking and entertaining. and a newly renovated half bath with a granite vanity and new toilet. Upstairs, you’ll find three generous bedrooms, all featuring brand-new LVP flooring. The full hall bath has been refreshed with a new vanity, light fixtures, and toilet, and there’s even a convenient upper-level washer/dryer hookup. The spacious primary bedroom offers a large walk-in and second closet. The finished lower level offers flexible living space with a large rec room, an office/den area that could easily be converted into a fourth bedroom, a full bath with shower, laundry area, and ample storage. Walk out to the brick patio and enjoy the fully fenced backyard—ideal for relaxing or entertaining. Situated on a desirable corner lot, this home provides extra yard space, a privacy fence, and two assigned parking spaces right out front, with additional visitor and street parking available. A brand-new water heater adds peace of mind. All this, and conveniently located less than 5 miles from Route 15 and all the shopping, dining, and entertainment options that Worman’s Mill and Market Square have to offer and just 7 miles to downtown Frederick! This move-in ready home offers comfort, convenience, and charm—all within walking distance to parks, schools, and local amenities. Don’t miss your chance to make this Walkersville gem your new home!
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
