BULLE ROCK ...Where Life Imitates Vacation! 5000+ FIN SQ FT | 5 BEDROOMS | 4.5 BATHS | BACKS TO POND | GREEN HOUSE | NEW QUARTZ KITCHEN COUNTERS | $665,000 . . . BRAND-NEW QUARTZ KITCHEN COUNTERS INSTALLED FRIDAY, 6/19/26. I WAS ABLE TO ENHANCE SOME OF THE KITCHEN PHOTOGRAPHS TO SHOW THE KITCHEN WITH THE NEW COUNTERS. PHOTOGRAPHY IS BEING UPDATED 6/20/26 . . 303 Master Derby Drive is more than a home; it is a private waterfront retreat nestled within the prestigious gated community of Bulle Rock, Harford County’s most sought-after luxury destination. Perfectly positioned on a premium lot backing directly to the tranquil pond, this exceptional residence offers 5,000+ square feet of beautifully finished living space, combining elegance, comfort, and resort-style living with breathtaking water views throughout. . From the moment you enter the dramatic two-story foyer, you are greeted by abundant natural light, soaring ceilings, rich hardwood flooring, and an open, flowing floor plan designed for both grand entertaining and everyday luxury. The formal living and dining areas seamlessly transition into the expansive family room featuring a cozy gas fireplace, transom windows, and stunning panoramic views of the pond. The gourmet kitchen is the heart of the home, thoughtfully designed with an oversized counter bar, pantry, breakfast nook/sunroom, and upgraded stainless steel appliances, including a French door refrigerator, gas cooktop, double convection wall ovens, dishwasher, and new microwave. Just beyond, glass doors open to a spacious deck overlooking the water ... the perfect setting for morning coffee, evening wine, or unforgettable outdoor entertaining. . One of the home’s most remarkable features is the luxurious main-level primary suite, offering true main-floor living with a private sitting area/sunroom overlooking the pond, creating a peaceful sanctuary unlike anything else in the community. The suite is complemented by a spacious bath and generous closet space. Upstairs, a second primary suite offers exceptional flexibility for multigenerational living or extended guest accommodations, along with two additional bedrooms, two full baths, and a versatile loft ideal for an office, reading nook, or lounge. . The fully finished lower level is truly an entertainer’s dream. Designed with versatility and comfort in mind, it features a media room/man cave, expansive recreation areas, game table space, a large bar and kitchenette complete with sink, mini refrigerator, and two-burner electric cooktop, plus a fifth bedroom and full bath — ideal for guests or an au pair suite. Additional highlights include a private office with French doors, built-in bookshelves and recessed lighting, a dedicated craft room, and extensive storage space. . Step outside and experience the beauty of the meticulously manicured grounds enhanced by extensive hardscaping, a charming koi pond with a fountain, and a unique greenhouse-covered entrance to the lower-level stairs. . Enjoy an exceptional resort-style lifestyle with access to indoor and outdoor swimming pools, a state-of-the-art fitness center, tennis courts, social gathering spaces, and a billiards room. Scenic walking and biking trails wind throughout the community, creating a peaceful setting surrounded by natural beauty. Just minutes away, historic downtown Havre de Grace offers waterfront dining, boutique shopping, marinas, parks, and year-round events along the shores of the Susquehanna River and Chesapeake Bay. Whether relaxing at home or exploring the area, Bulle Rock offers an unmatched combination of luxury, recreation, and convenience.
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.
