Move-In Ready Townhome with Flexible Living Space Welcome to 17918 Hickory Lane, a well-kept 3-bedroom, 1.5-bath townhouse offering a practical layout, comfortable living areas, and thoughtful updates in a convenient Hagerstown location. With all bedrooms located upstairs, newly added hardwood floors on the main level, a finished lower level, and outdoor space to enjoy, this home offers flexibility for everyday living, working from home, and entertaining. Step inside to a bright living and dining area where the new hardwood floors create a clean, inviting first impression. The fully equipped kitchen is positioned for easy daily use, while the main-level den/home office gives you valuable extra space for remote work, hobbies, study, or a quiet sitting area. Upstairs, all three bedrooms are conveniently located together, along with the full bath. The layout keeps private living spaces separated from the main gathering areas, making the home feel functional and easy to navigate. The finished lower level expands the usable living space with a spacious family room, bonus room, and laundry/storage area. Whether you need a media room, playroom, guest overflow space, fitness area, or additional storage, this level adds flexibility that is hard to find at this price point. Major systems include a newer HVAC system, with AC and heat approximately 2 years old. For added peace of mind, the seller is offering $500 toward AC or heater repairs should either system need repair within 3 months of purchase. Outdoor living is easy with a covered rear porch overlooking a private fenced backyard—perfect for morning coffee, pets, gardening, or simply enjoying a little extra privacy. Two assigned parking spaces are located right out front, making coming and going simple. The location offers everyday convenience with county-only taxes and quick access to shopping, dining, parks, recreation, and commuter routes. Nearby points of interest include Oak Ridge Shopping Center (approx. 0.6 miles), Halfway Plaza (approx. 1.2 miles), Old Orchard Shopping Center (approx. 1.2 miles), Discovery Station (approx. 3.5 miles), C&O Canal National Historical Park (approx. 6.5 miles), South Mountain State Park (approx. 11.7 miles), Crystal Grottoes Caverns (approx. 12.2 miles), and Greenbrier State Park (approx. 13.1 miles). With updated flooring, flexible living space, a finished lower level, private fenced yard, assigned parking, and a convenient county-tax location, this Hickory Lane townhome is ready for its next owner. Schedule your private tour today.
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.
