OPEN HOUSE: Sunday May 10, 12-2PM Welcome to 10120 Nightingale St., a beautifully updated home nestled in the highly desirable Sweepstakes Park community. This charming 3-bedroom, 2.5-bath residence offers 1,280 square feet of thoughtfully refreshed living space—with the added benefit of no HOA, providing flexibility and freedom for homeowners. Additional media can be found on the HOMES DOT COM WEBSITE using property address From the moment you arrive, you’ll appreciate the inviting setting and peaceful surroundings that make Sweepstakes Park such a sought-after neighborhood. Inside, the home features fresh paint and refinished hardwood floors that create a bright, modern feel throughout. The updated kitchen is designed for both functionality and enjoyment, featuring Granite countertops, Stainless Steel appliances, a comfortable eat-in kitchen area ideal for casual dining, and a separate dining space perfect for entertaining and hosting gatherings. The layout offers flexibility for both everyday living and special occasions. Upstairs, you’ll find three comfortable bedrooms and well-appointed bathrooms, offering versatility for a variety of living arrangements. Step outside to a spacious deck overlooking a picturesque, fully fenced rear yard, perfect for relaxing, entertaining, or enjoying a private outdoor retreat. Additional highlights include gas heating and a gas water heater, providing efficiency and reliability. Residents of Sweepstakes Park have the option to join two local community pools, adding to the neighborhood’s appeal. The home is ideally located near a wide variety of shopping and dining options, including Safeway, Weis, CVS, Harris Teeter, Wegmans, Target, and Home Depot. Local favorites such as Jimmy Cone and Hornets Nest Grille are just minutes away. Commuters will appreciate the convenient access to public transportation, including RideOn bus, MetroRail, and MARC Train, as well as major routes I-270 and I-70. This prime location offers easy access to BWI, Reagan National (DCA), and Dulles airports. Enjoy proximity to Washington, DC’s renowned Smithsonian museums, monuments, and memorials, along with major sports teams including the Ravens, Orioles, Commanders, Capitals, Nationals, Wizards, and University of Maryland athletics. Frederick, Baltimore, and Annapolis are all within easy reach, along with numerous regional and national parks. This is a rare opportunity to own a move-in ready home in Sweepstakes Park that offers both tranquility, connectivity, and the advantage of no HOA restrictions. Schedule your private showing today.
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.
