Welcome to 14429 Brad Drive — a picture-perfect home that is more than move-in ready. Thoughtfully designed, beautifully maintained, and filled with natural light, this inviting residence offers an effortless flow from room to room, creating a comfortable backdrop for everyday living and easy entertaining. Recent updates bring a fresh, polished feel throughout, including whole-home painting, a stylish kitchen renovation in 2020, new flooring throughout the lower level, renovations to all three bathrooms, a new hot water heater, and more! The main level is anchored by open living and dining spaces, where expansive windows and a sliding glass door to the deck allow natural light to pour in and illuminate the warm hardwood floors. At the heart of the home, the beautifully appointed kitchen is both functional and inviting, featuring custom green cabinetry, quartz countertops, stainless steel appliances, and a cozy built-in banquet dining area. Whether hosting intimate dinners or larger gatherings, the kitchen’s connection to the adjoining living spaces creates an atmosphere that feels both elevated and comfortable. The bedroom wing is tucked off the main living area and includes three bedrooms and two full bathrooms. The primary suite features a completely renovated ensuite bath with stylish blue tile and a custom glass sliding door. The secondary bathroom has also been refreshed with a new vanity, while a large linen closet provides generous additional storage. The lower level expands the home’s livability with flexible finished space ideal for recreation, fitness, media, guests, or casual evenings with friends. This level also includes the fourth bedroom, a third full bathroom, new flooring, and laundry located in a spacious storage room. Outside, the backyard offers a peaceful extension of the home, complete with a wraparound deck and a path leading to the front of the property. The deck is perfect for dining al fresco, entertaining guests, or simply unwinding at the end of the day. Located in the Aspen Hill area of Rockville, 14429 Brad Drive offers the perfect blend of neighborhood tranquility and everyday convenience. Enjoy close proximity to local shopping, dining, parks, and community amenities, with nearby access to Aspen Hill Local Park, Matthew Henson Trail, and Rock Creek’s scenic outdoor spaces. Commuters will appreciate convenient connections to Georgia Avenue, Norbeck Road, Veirs Mill Road, the ICC, I-270, and nearby Metro and MARC options, placing Rockville, Olney, Silver Spring, and greater Montgomery County within easy reach.
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.
