Welcome to Walnut Creek, a sought‑after Huntingtown community, where this beautifully maintained, truly turn‑key home offers pure joy inside and out—with no HOA! Set on a stunning homesite just shy of 4 acres, the property provides the perfect blend of mature trees, privacy, and usable open space, complete with a custom paver firepit area, woodshed, treehouse, and storage shed. A peaceful front porch welcomes you inside to an open, light‑filled floorplan featuring a two‑story foyer with hardwood floors, a private office with French doors, a separate dining room, and an expansive family room with built‑in shelving and walls of windows. The gourmet eat‑in kitchen is a showstopper with a massive island and breakfast bar, stainless steel appliances, wall oven/microwave combo, gas cooktop with hood vent, and an oversized pantry. From the kitchen, step out onto the large maintenance‑free deck overlooking the open backyard. Upstairs, the gorgeous owner’s suite impresses with a cathedral ceiling, sitting area, and a spa‑like private bath offering a large walk‑in shower, double sinks, and beautiful ceramic tile. The dream walk‑in closet features extensive custom built‑ins. The upper‑level laundry room is exceptionally spacious with cabinetry and storage. Additional bedrooms are generously sized, including two connected by a Jack‑and‑Jill bath, plus a fourth bedroom with its own private full bath. The fully finished walk‑out basement is an entertainer’s delight, featuring a custom wet bar with butcher block countertops, beverage refrigerator, and stylish shelving. The large rec room includes luxury vinyl flooring and abundant recessed lighting, along with a full bath showcasing beautiful tilework and modern fixtures. A fifth bedroom and a dedicated workout area complete the lower level. Fine details shine throughout the home—crown molding, chair rail, upgraded lighting, pristine paint, and quality finishes at every turn. This is truly a wonderful place to live and call home. Huntingtown is known for its top‑notch Calvert County school system and offers unbeatable convenience to Joint Andrews, Washington D.C., Annapolis, and is just minutes from Chesapeake Beach and North Beach with their dining, shopping, boardwalks, and nationally recognized marinas. The Patuxent River is only a few miles away as well!
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.
