Welcome to 2615 Galeshead Drive, an exceptional brick-front colonial nestled in the highly sought-after Beechtree community of Upper Marlboro. Boasting over 8,000 square feet of beautifully designed living space, this elegant 4-bedroom, 4.5-bath residence offers the perfect blend of sophistication, comfort, and modern convenience. From the moment you arrive, the stately curb appeal, manicured landscaping, and side-entry two-car garage set the tone for the luxury that awaits inside. The thoughtfully designed floor plan features formal living and dining rooms, expansive gathering spaces, and a gourmet kitchen that serves as the heart of the home—perfectly suited for both everyday living and entertaining on a grand scale. The luxurious owner's suite provides a private retreat complete with a spa-inspired bath and generous walk-in closets. Additional bedrooms offer ample space and comfort for family and guests, while the fully finished basement presents endless possibilities for recreation, a media room, home gym, or extended living accommodations. Step outside to your own expansive outdoor living and entertainment oasis, featuring multiple patios and a generous deck that seamlessly extend your living space into the open air. Thoughtfully designed for both intimate gatherings and large celebrations, this outdoor retreat offers distinct areas for dining, lounging, grilling, and relaxing. Whether hosting summer cookouts, enjoying a peaceful morning coffee, or unwinding under the stars, the layered patios and elevated deck create a versatile, resort-style environment perfect for year-round enjoyment. Additional features and recent upgrades provide added value and peace of mind for the next homeowner. The gourmet kitchen was enhanced in 2021 with new countertops and updated appliances, while the basement entertainment area received stylish new bar countertops in 2022. Major system improvements include a new HVAC system and 75-gallon water heater installed in 2019, as well as hardwired smoke and carbon monoxide detectors installed throughout the home in 2020. The home's roof was professionally rejuvenated in 2024 using a plant-based treatment designed to restore flexibility and moisture resistance to the asphalt shingles. This preventative maintenance treatment helps extend the life of the roof while enhancing its long-term performance and durability. Beechtree community residents enjoy access to resort-style amenities including a community pool, fitness center, clubhouse, walking trails, and beautifully maintained common areas. Conveniently situated near shopping, dining, recreation, and major commuter routes, this home delivers upscale suburban living at its finest. Don't miss this rare opportunity to own a truly stunning residence where elegance, space, luxury, and community come together seamlessly. FHA assumable loan available! Ask for more details. Sellers open to carpet, painting credit and closing cost assistance with full price offer.
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.
