One-of-a-Kind Architectural Canvas on 2 Private Acres! Discover 51 Jewell Rd, a custom-built 1986 single-family home that breaks completely away from the cookie-cutter mold, offering a truly distinctive living experience full of character, dimension, and endless potential. Nestled on a serene 2-acre lot in Dunkirk, this 2,570-square-foot residence delivers privacy, space, and a rare architectural design that is difficult to find in today’s market. From the moment you step inside, you’ll notice this is anything but ordinary. Designed with a dramatic multi-level, spiral-inspired layout, the home unfolds in an organic flow, with living spaces thoughtfully positioned to create separation, visual interest, and a sense of discovery around every turn. Elevated sightlines, varied ceiling heights, and layered spaces give the interior a dynamic feel, blending openness with cozy, tucked-away retreats. Expansive windows invite natural light throughout the home while framing peaceful views of the surrounding property, enhancing the connection between indoor and outdoor living. Each level offers its own purpose and personality, creating flexible spaces that can adapt to your lifestyle—whether you envision entertaining, working from home, creating a studio, or designing private guest quarters. Set on two private acres, the outdoor space presents an incredible opportunity to craft your own personal retreat. Imagine gardens, outdoor entertaining areas, a pool, workshop, or simply enjoying the tranquility and privacy of your own wooded escape. This home is ideal for buyers who appreciate architecture with character and see the value in customizing a truly special property. Whether you choose to preserve its original charm, modernize its finishes, or completely reimagine the interiors, 51 Jewell Rd offers a rare chance to create something extraordinary. Bring your vision and unlock the full potential of this unforgettable home. Located near the intersection of Jewell Road and Solomons Island Road (MD-2), the property has convenient access to the Chesapeake Bay region, local marinas, waterfront destinations, and the shopping and dining options found throughout Huntingtown and Prince Frederick. If you're looking for a full-time residence, a weekend retreat, or a property with room to personalize over time, this wooded acreage has the space and setting that are increasingly difficult to find.
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.
