Experience refined living in this well‑appointed 5‑bedroom, 3.5‑bath residence offering over 6,000 sq ft, with 4,276 above grade of thoughtfully composed interiors on a 1.11‑acre cul‑de‑sac homesite in the prestigious sought‑after Estates at Sand Hill. The home presents a harmonious blend of generous scale and subtly modernized finishes, reflecting a consistent standard of care and stewardship over time, where warm hardwood flooring, classic millwork, and a cohesive palette create a sense of timeless continuity. Filled with natural light, the interiors unfold with clarity and intention, revealing well‑scaled living. A bright, well-appointed kitchen anchors the main level, opening to a comfortable gathering spaces ideal for both intimate evenings and effortless entertaining.. The adjoining family room is centered around a refined fireplace, reimagined as a quiet architectural focal point that complements the home’s overall aesthetic. The upper level is composed of four well‑scaled secondary bedrooms and a serene primary suite that is exceptionally scaled and thoughtfully composed, offering a retreat‑like setting with generous proportions, dual walk‑in closets, and a sense of privacy that elevates the space beyond a traditional bedroom into a more complete and considered living environment. The primary bath presents a spa‑inspired environment, with softly layered finishes, a restrained palette, and a layout designed for comfort and ease. The expansive lower level provides exceptional flexibility, offering a clean, open layout ideal for future customization—whether envisioned as a wellness suite, recreation lounge, guest quarters, or tailored workspace. Framed by mature surroundings and situated along a quiet cul‑de‑sac setting, the property provides a natural balance of openness and privacy. A beautifully appointed patio extends the living experience outdoors, offering an inviting setting for both intimate gatherings and larger‑scale hosting, while maintaining a sense of calm and seclusion. The residence is further complemented by an attached two‑car garage and its placement within a well‑established enclave known for its composed streetscape and enduring appeal. Ideally positioned near Marriottsville’s scenic open spaces, with convenient access to Ellicott City, Turf Valley, and Waverley Woods Golf Club, along with local amenities and major commuter routes, this property offers a considered combination of scale, setting, and accessibility in one of Howard County’s most desirable communities.
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.
