Welcome to Your Dream Home in a Premier Cul-de-Sac Setting! Discover this stunning NV-built masterpiece, nestled on a serene cul-de-sac and backing directly to breathtaking Chesapeake Bay preservation land. This magnificent single-family home offers an unmatched blend of luxury, sustainability, and natural beauty. Boasting 3,200 square feet of above-grade living space, complemented by a fully finished lower-level prefect approximately 1,430 square feet for entertaining, guests, in-law suite or flexible living. (Square footage estimated by third party and not guaranteed) Experience a home designed for modern living. A sophisticated three-zone HVAC system ensures optimal climate control throughout, featuring two state-of-the-art geothermal units for environmentally friendly, cost-effective heating and cooling, along with a brand-new Trane unit for comprehensive coverage. Enjoy peace of mind with a whole-home natural gas backup generator, providing uninterrupted power year-round. Plus, two brand-new water heaters ensure abundant hot water for your family’s needs. A Gourmet Kitchen to Inspire Your Culinary Adventures At the heart of this home is a beautifully renovated gourmet kitchen, perfect for entertaining and family gatherings. Featuring stunning quartz countertops, exceptional storage solutions, and top-of-the-line Bosch appliances—including a built-in gas cooktop, convection oven, convection microwave, and a convenient drawer microwave—this kitchen is both functional and elegant, all complemented by gorgeous flooring. Bright and Inviting Living Spaces Flooded with natural light from all-new energy-efficient replacement windows, this home radiates warmth and openness. The breathtaking sunroom, featuring arched ceilings and a stunning Palladian window, creates a magical space to unwind and enjoy the serene surroundings. New low-profile ceiling fans in all bedrooms ensure year-round comfort, while fresh carpeting throughout adds a crisp, move-in-ready feel. An Entertainer's Dream: A Basement Like No Other The fully finished, walk-out basement offers exceptional space and versatility, filled with natural light from full-sized windows and a private French door entrance. This expansive level features a beautifully tiled great room with a breakfast bar and full-size refrigerator—ideal for entertaining or relaxed everyday living. A full bathroom and separate private room provide flexible options for guests, a home office, or a private retreat. The existing bar area is ready for a future kitchen conversion, making this an excellent opportunity for an in-law-suite, nanny quarters. Outdoor Living at Its Best Step outside to your spectacular modern composite deck, where panoramic views of the Chesapeake Bay preservation land provide a stunning backdrop for outdoor entertaining. A well-maintained Amish-built shed adds extra storage space. Enjoy miles of paved walking trails in the surrounding area, ideal for morning jogs, evening strolls, or family bike rides. Join a Vibrant, Family-Friendly Community This home is located in a welcoming community that features a pool, tennis court, basketball court, and playground—everything you need for an active and connected lifestyle just steps from your door. Additional Highlights: - Architectural tile roof (30-year), just 10 years old—years of worry-free living ahead - Three-zone HVAC with dual geothermal units and new Trane unit - Whole-home natural gas backup generator with automatic transfer switch - Offering over 3,200 square feet above grade, plus an additional 1,600+ square feet of finished lower-level living space - Prime cul-de-sac location backing to Chesapeake Bay preservation land Don’t miss the opportunity to make this dream home yours—schedule your private tour today. Ideally situated within 40 minutes of Washington, DC, Annapolis, and Baltimore, and just minutes from NASA Goddard Space Flight Center, this location is perfect for professionals
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.
