Looking for a 4-bed Colonial home in Constant Friendship with room to grow, update, and make your own? 3019 Cascade Dr in Abingdon is a Trustee sale offering approximately 2,466 above-grade square feet plus a finished lower level, fenced rear yard, deck, hot tub, and a location close to I-95 and Route 24. Located in the Constant Friendship community of Harford County, this detached Colonial offers the kind of space and neighborhood setting that does not come available often in this area. With formal living and dining rooms, an open kitchen and family room, and a finished lower level, the home gives buyers a strong foundation for everyday living, gathering, and future updates. The kitchen features granite countertops, stainless steel appliances, an island, table space, gas cooking, and a comfortable connection to the family room with a wood-burning fireplace. Upstairs, the primary suite includes cathedral ceilings, a walk-in closet, private bath, and upper-level laundry. Three additional bedrooms and a full hall bath complete the upper level. The finished lower level provides recreation space, storage, and walkout access with covered walk-up stairs to the rear yard. Outside, the fenced rear yard backs to trees and includes a deck and hot tub that conveys, offering privacy and outdoor space to enjoy. Highlights include: • 4 bedrooms and 2.5 baths • Approximately 2,466 above-grade square feet • Finished lower level with rec space and storage • Formal living and dining rooms • Kitchen with island, table space, and granite counters • Stainless steel appliances and gas cooking • Family room with wood-burning fireplace • Natural gas heat and hot water • Central air • Primary suite with cathedral ceilings • Walk-in closet and private primary bath • Upper-level laundry • Fenced rear yard backing to trees • Deck with conveying hot tub • Two-car attached garage with driveway parking • HOA approximately $40 monthly • Convenient Abingdon location near I-95, Route 24, shopping, and dining This property needs TLC and may require paint, landscaping, drywall repairs, and other cosmetic or maintenance updates. Trustee sale. Property sold as is. Buyers to perform all due diligence and review all Bright MLS uploaded addenda. Closing is expected to take approximately 25 to 35 days. Opportunities like this in Constant Friendship are limited, especially for buyers who want space, location, and the chance to add their own vision over time.
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.
