Luxury, modern design, and breathtaking pond views come together in this exceptional 5-bedroom 3,908 Sq Ft home built in 2020 in one of Taneytown’s most desirable communities. Offering an open-concept layout, upscale finishes, and thoughtful upgrades throughout, this home is designed for today’s lifestyle while delivering timeless elegance. Step inside the welcoming hallway and be captivated by the dramatic two-story stone fireplace that anchors the spacious living room, creating a stunning focal point filled with natural light. The gourmet kitchen is a chef’s dream, featuring crisp white cabinetry, an oversized quartz island perfect for entertaining, a built-in wall oven and microwave combination, premium finishes, and a separate dining area ideal for family gatherings. A convenient mudroom connects the kitchen to the attached two-car garage, while a full bathroom on the main level provides added flexibility for guests or multi-generational living. Upstairs, retreat to the luxurious owner’s suite overlooking the tranquil pond, where spectacular sunset views create the perfect ending to every day. The suite boasts an elegant tray ceiling, an expansive walk-in closet with custom built-ins, and a spa-inspired owner’s bath featuring a highly desirable wet room design. A conveniently located bedroom-level laundry room simplifies daily living. Two additional oversized bedrooms each offer walk-in closets and share a stylish Jack-and-Jill bathroom. The fully finished lower level expands the living space with a spacious recreation/family room that walks out to the patio, plus a fifth bedroom with a walk-in closet, making it perfect for guests, a home office, fitness room, or in-law suite. This home is loaded with premium UPGRADES rarely found in new construction, including: Statement avant-garde chandelier, the whole-house water filtration system with reverse osmosis, Touch-free sensor faucets throughout the home, Smart Touchstone refrigerator, Luxury finishes and modern technology designed for effortless living Enjoy peaceful pond views, incredible sunsets, generous living spaces, and sophisticated upgrades while remaining conveniently located near shopping, dining, schools, parks, and major commuter routes. This move-in-ready luxury home offers the perfect combination of style, comfort, technology, and location—schedule your private showing today before this exceptional opportunity is gone!
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.
