Ready to move right in and priced with a $26k Price Improvement. This home has been meticulously maintained with NEW Kitchen appliances, backup generator hook up, stone fireplace, sunroom, finished basement and fenced backyard that you will love. Bonus: Owners will convey the pool table, bar chairs and sofa to match with purchase. You will love living in Lovettsville in Dutchman's Creek Community. The Rosemont model sits on a peaceful 0.78-acre lot and offers the perfect blend of elegance, comfort, and modern style with breathtaking mountain views. Enjoy the convenience of being close to the MARC train, Lovettsville pool, recreation park with soccer, baseball, horse arena, walking and riding trails, and dog park. Inside, you’ll find 4,444 square feet of well-planned living space that flows effortlessly—ideal for everyday life or entertaining guests. The heart of the home features an open-concept kitchen, family room, and sunroom. Wide-plank flooring adds warmth, while the chef’s kitchen impresses with brand-new appliances, stylish lighting, and a large island perfect for cooking and gathering. Enjoy meals in the formal dining room and cozy evenings by the stone fireplace in the inviting family room. Step into the home office, an inviting space that combines style and productivity. Let’s not forget the sunroom! The ideal spot to enjoy nature at its finest overlooking a fenced landscaped yard with a tree-lined buffer and custom designed garden. From here, you will enjoy the two level trex deck and patio. This is a perfect outdoor retreat for quiet mornings or lively gatherings. Upstairs, relax in the grand primary suite with a beautiful tranquil view and a spa-like bathroom featuring two separate sinks, a soaking tub, an oversized shower, and a walk-in closet. The second level also includes four spacious bedrooms—each with its own bathroom (two share a Jack and Jill)—plus a convenient laundry room. The basement is a true entertainment space, featuring a custom bar that will WOW you with bar stools, pool table (included), workout/flex room, game/flex room, a full bath, and plenty of storage space with easy utility access. Love having your own spacious two-car garage with built-in cabinets for extra storage. Capture the breathtaking mountain views and enjoy the convenience of being close to the MARC train, Lovettsville pool, recreation park with soccer, baseball, horse arena, walking and riding trails, and dog park. The town-square offers many retreats such as restaurants and local shops. You will not want to miss your chance to make this exceptional residence your new home. The updates 2018 LVP floor on 1st floor. Cabinets/shelves installed in garage. 2019 Basement was redone with LVP flooring, fresh paint, bar (has tile floor with marble counter tops and rough cut artic frost backsplash, back-up generator hook up, dedicated outlets in garage to run power tools, refrigerator and freezers. Craft room/flex have cabinets that were installed with granite and laminate countertops. 2021 two level deck with Trex decking installed (14x20) upper level/16x10 lower level/20x20 bluestone patio installed over poured concrete. Deck joist are 2x10 and spaced 12" apart. Deck was over engineered to carry weight. 2023 New 30-year architectural shingles installed with warranty. 2024 storage room cabinets and laminate countertop installed. 2025 New kitchen appliances, New sump pump with alarm, interior and front porch was painted . Note: Convenient to shops, eateries, Lovettsville Community Center with pool, New Recreation Center with walking trail, dog park, soccer, baseball fields, horse arena and MARC TRAIN. You will not want to miss this one!
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.
