Set within Pinedale Courts in the desirable Piney Orchard community, this brick-front townhome blends classic curb appeal with thoughtful updates completed both inside and out. Step inside to an open concept main level designed for easy everyday living and entertaining, where a spacious living room features elegant crown molding, a sun-filled bay window, and luxury vinyl plank flooring that flows seamlessly throughout the space. The living area opens to a well-appointed kitchen and dining combination, highlighted by crisp white cabinetry, granite countertops, a center island, pantry storage, and durable wood-look tile flooring. A sliding glass door extends the living space outdoors, leading to the upper deck and creating a natural connection between indoor and outdoor entertaining. Upstairs, three bedrooms provide comfortable accommodations, including a generous primary suite with a vaulted ceiling, walk-in closet, and a private en-suite bath complete with a double vanity, soaking tub, and a separate tiled shower. Two additional bedrooms and a full hall bath complete the upper level. The entry level offers a versatile family room with a walkout to the lower deck, ideal for a second living area, home office, or guest space. Underdecking on the upper deck keeps the lower deck dry and usable year-round, while the fenced backyard with privacy fencing offers a quiet retreat. This level also includes a convenient powder room and access to the garage. Additional improvements include some upgraded light fixtures, modernized stair railings, a newer roof and water heater, updated kitchen and entry-level tile flooring, luxury vinyl plank flooring, refreshed carpet on the lower level and in two bedrooms, and updated appliances including the dishwasher, microwave, and range. Beyond the home, Piney Orchard offers an exceptional lifestyle with multiple outdoor pools, an indoor lap pool, miles of walking and biking trails, a fitness center, tennis courts, playgrounds, and a clubhouse hosting year-round activities. Natural areas like the Piney Orchard Nature Preserve and nearby GORC Park further enhance the sense of space and recreation. With modern updates, generous living spaces, and access to one of Anne Arundel County’s most vibrant communities, this townhome is ready to welcome its next owners.
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.
