Step into effortless, modern living in this beautifully kept townhome-crafted for buyers who want the luxury of new without the wait. Nestled in one of Prince Georges County's sought after and fast-growing communities, this three-level beauty combines smart design, sleek finishes, and everyday convenience in a way few homes can match. From the moment you arrive, the inviting brick façade sets the tone for the quality and care found throughout. Inside, an airy, open-concept main level with a half bath welcomes you with wide-plank LVP flooring, oversized windows, and a seamless flow that makes both everyday living and entertaining feel easy. The kitchen serves as the heart of the home featuring stainless steel appliances, polished quartz countertops, a large island, and ample storage for the home chef. Upstairs, you'll find three spacious bedrooms including a serene primary suite with generous closet space and a spa-inspired bathroom designed for relaxation. Two additional bedrooms, a full bath, and convenient laundry access complete the upper level, giving everyone room to spread out comfortably. The fully finished lower level offers incredible flexibility great for a home office, recreation room, fitness studio, guest space, or anything you need your home to be. And with an attached two-car garage, parking and storage are never an issue. Every detail here feels fresh, bright, and thoughtfully maintained-ideal for buyers seeking a move-in-ready home with that like-new feel. Situated just off Route 301 and minutes from Route 5 and the Capital Beltway, commuting to D.C., Andrews AFB, Northern Virginia, and surrounding areas is a breeze. Daily conveniences, shopping, dining, parks, and major attractions are all close by, giving you the perfect blend of suburban comfort and urban access. If modern finishes, low maintenance living, and unbeatable location are on your checklist-this home will exceed your expectations.
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.
