Reimagined from the inside out, this updated all-brick colonial on a private half-acre delivers the finish of new construction with the soul of a home that has been painstakingly cared for. A honed marble foyer and curved wrought iron staircase set the tone: gracious formal rooms, hand-built architectural ceilings, ornamental millwork, and freshly refinished original white oak hardwood floors throughout. To one side, a formal dining room. To the other, a sunlit step-down parlor beneath a custom ceiling dome and crystal chandelier. Ornamental crown molding, chair rail, and wainscoting carry from room to room. Every interior door is new solid wood, fitted with premium lever hardware. Every exterior door replaced, including a triple-pane steel French patio door with internal blinds. The family room is anchored by a wood-burning fireplace with carved mantel over a marble-look hearth, painted brick, and an architectural coffered ceiling with dentil molding. French doors open to the renovated gourmet kitchen. The kitchen, a complete gut renovation, centers on a 48-inch built-in stainless steel refrigerator/freezer, a six-burner professional gas rangetop on the island with telescopic downdraft, and a wall oven and microwave with warming drawer. Floor-to-ceiling custom cabinetry, American-made, solid wood, soft-close, with dual pantries, pull-out drawers, mixer lift, spice storage, and 36-inch double-deep drawers. Quartz countertops, 36-inch farmhouse sink with commercial faucet, 1-HP ultra-quiet disposal, reverse-osmosis filtration, instant hot water dispenser, and subway tile backsplash with adjustable LED lighting. Dual skylights and a bay window with custom built-in seating. Laundry room with custom countertop, mega-capacity front-load washer and dryer, built-in storage, and patio access. Upstairs, the primary suite opens through double doors to ornamental crown and recessed lighting. The walk-in closet, a converted full bedroom, offers floor-to-ceiling built-in storage with integrated desk. A second walk-in closet. The en-suite spa shower: body jets, rainfall head, hand shower, and tiled bench within a glass enclosure. Cherry vanity with granite top and heated LED mirror. Two additional bedrooms with hardwood floors and smart ceiling fans with decorative medallions. The hall bath: new porcelain top, faucet, LED mirror, and tile surround with ornamental diamond inlay. The powder room: deep navy walls above white wainscoting, marble-top vanity, and heated LED mirror. The finished walkout lower level offers flexible living with premium luxury vinyl flooring, a dedicated room with closet, and a full bathroom built from scratch. Walk-in shower in marble-look porcelain floor to ceiling, dual niches with mosaic accent, frameless glass enclosure, fold-down bench, heated fan, and marble-top vanity. Cedar-lined closet and open recreation area. Systems match the surfaces. A 2024 high-efficiency dual-fuel HVAC, heat pump with variable-speed blower paired with a 97% gas furnace, 10-year manufacturer warranty, whole-house humidification, air purification, and near-HEPA filtration. 200-amp electrical. Large 55-gallon water heater and stainless steel chimney liner. Smart thermostat, smart lighting, interconnected smoke detectors. Overhead lighting in every room: recessed fixtures, chandeliers, dimmers, and coordinated exterior package. Cellulose attic insulation with radiant barrier. Outside, brand new driveway built from a premium base, extending to the rear patio, with one-year warranty, expansive, multi-level deck with built-in seating, curtained gazebo, and a fully fenced backyard. Brick paver patio, cedar playground, organic garden beds, stone retaining walls, arborvitae screening, and mature plantings on an organic lawn. Heated attached garage with premium insulated door. Pet-free and scent-free. Truly turnkey and move-in ready. Two miles to Glenmont Metro with local bus access on Randolph Road. No HOA.
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.
