Welcome to this beautifully maintained, light-filled end-of-group townhome in the sought-after Preserve at Windlass Run! Built in 2018, this modern 3-level home offers the perfect blend of space, style, and convenience. The main living level features an open, airy layout with 9-foot ceilings, recessed lighting, and abundant natural light. The kitchen flows seamlessly to the living and dining areas, making it ideal for everyday living and entertaining. Step outside to the rear deck—perfect for morning coffee or unwinding at the end of the day. Upstairs, the spacious primary suite features elegant tray ceilings and a private bath with a walk-in shower. Two additional bedrooms, a full hall bath, and a conveniently located laundry center complete the upper level. The entry level features an office with french doors, a convenient half bath and interior access to the two-car garage, with additional parking on the private pad, giving you plenty of space for guests and easy day-to-day living. Living in the Preserve at Windlass Run means enjoying an amenity-rich community with a clubhouse, outdoor pool, fitness center, gathering spaces, playgrounds, and beautifully maintained green spaces. Wide streets and ample overflow parking add to the ease of living here. Location is everything, and this one delivers. Just minutes to I-95 and I-695 for an easy commute, and close to White Marsh shopping, dining, and entertainment, including The Avenue at White Marsh, a vibrant town center with retail, restaurants, and year-round events. Modern construction, low maintenance, great layout, and a prime location - this one checks all the boxes! Schedule your showing before it's gone!
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.
