210 Walnut Creek is a beautifully maintained 4 bedroom, 3.5 bath home tucked away on a quiet street and surrounded by mature trees, offering exceptional privacy and a peaceful natural setting. Backing directly to Walnut Creek you have access from the backyard to splash in the creek when the levels are just right! The home enjoys scenic wooded views and a tranquil atmosphere, while its bright, open layout is filled with natural light throughout. The heart of the home is the spacious kitchen, featuring 42-inch KraftMaid maple cabinetry, granite countertops, stainless steel appliances, and fresh paint that adds warmth and brightness to the space. The open-concept design seamlessly connects the kitchen, breakfast area, and living room, creating the perfect setting for everyday living and entertaining. Here you will also find a formal dining room and a flexible bonus space is ideal as a home office, playroom, or yoga studio, both adding to the home’s versatility. Thoughtful updates throughout include stylish new light fixtures, new paint, an updated main floor powder room, and a fully refreshed primary bath with modern finishes. The hall bathroom was updated just a few years ago and features a serent color scheme, tiled shower/tub combination, tile floor, double vanity and a window to view the gorgeous backyard. Exterior enhancements include a charming front paver patio perfect for relaxing or gathering with guests, as well as freshly painted garage doors and exterior lighting that elevate the home’s curb appeal. The fully finished walk-out basement offers exceptional additional living space, complete with a full bath, a flexible room ideal for guest accommodations or a private office, and a spacious entertaining area featuring a bar, wine fridge, beverage refrigerator, and microwave. With its spacious layout, tasteful updates, abundant natural light, and serene wooded surroundings, 210 Walnut Creek offers the perfect blend of comfort, functionality, and lifestyle in a highly desirable cul-de-sac setting. Close access to Route 4 for easy commuting to Joint Base Andrews, Annapolis or DC. You also have a local favorite grocery store, a gas station, dance studio and a restaurant within a couple of minutes of the home.
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.
