Move right into this beautifully renovated 4-level split tucked away on a quiet cul-de-sac in one of Waldorf's most desirable communities. Thoughtfully redesigned with today's buyer in mind, this home offers the perfect blend of modern finishes, flexible living space, and exceptional functionality. The light-filled main level showcases soaring vaulted ceilings, gleaming hardwood floors, recessed lighting, and an open-concept layout that seamlessly connects the living room, dining area, and stunning new kitchen. The fully renovated kitchen is a showstopper, featuring crisp white cabinetry, quartz countertops, stainless steel appliances, designer lighting, ceramic tile flooring, and ample workspace for everyday living and entertaining. Upstairs, you'll find a spacious primary suite along with two additional bedrooms and two beautifully renovated full bathrooms, all finished with contemporary fixtures and stylish tile work. The first lower level offers a comfortable family room with a cozy atmosphere, an additional bedroom ideal for guests or a home office, and a full bathroom—perfect for multigenerational living or visiting family. The second lower level provides another expansive recreation room with endless possibilities for a media room, gym, playroom, or hobby space. Step outside to enjoy the large, level backyard and spacious deck, offering plenty of room for outdoor entertaining, gardening, or play. A two-car attached garage and oversized driveway with parking for up to four additional vehicles provide exceptional convenience. Ideally located just minutes from shopping, restaurants, parks, schools, and everyday conveniences, with easy access to US-301, MD-5, and commuter routes to Washington, D.C., Joint Base Andrews, and Northern Virginia, this turnkey home truly has it all. Completely renovated. Move-in ready. Just unpack and enjoy! *Some listing photos have been virtually staged to illustrate the property's potential. Furniture, décor, and other furnishings shown in these images are computer-generated and are not included with the sale. The property is being sold unfurnished.
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.
