Impeccably maintained and beautifully designed, this Stanley Martin Kelly model townhome offers the perfect blend of modern comfort, functional layout, and elevated style. Built just three years ago, this residence lives like new and showcases thoughtful upgrades throughout. Featuring 3 bedrooms, 3 full bathrooms, and one half bathroom, this spacious multi-level home includes a flexible layout and a private rooftop terrace for exceptional indoor–outdoor living. The entry level features a versatile den/flex space—ideal for a home office, fitness area, guest zone, or creative studio—along with a large closet and access to the garage. Upstairs, the main living level is filled with natural light and offers an expansive open-concept design with distinct living, dining, and kitchen spaces. The modern kitchen includes a large island with seating, stainless steel appliances, quartz countertops, sleek cabinetry, and designer finishes. Just off the kitchen, a private deck provides the perfect setting for morning coffee, fresh air breaks, or effortless indoor–outdoor entertaining. A stylish half bath completes this level. Two spacious bedrooms are located on the next level, including the luxurious primary suite with a walk-in closet and spa-inspired ensuite bath featuring double vanities and an oversized shower. An additional bedroom, full bath, and laundry room offer comfort, flexibility, and convenience. The top floor is a true standout: a private third bedroom, a full bathroom, and an inviting lounge/flex space that opens directly onto the rooftop terrace—a rare and sought-after feature perfect for hosting, unwinding, or enjoying peaceful neighborhood views. This level also includes its own half bath for added convenience. Located just minutes to the West Hyattsville Metro, neighborhood parks, trails, grocery stores, the Hyattsville Arts District, and local restaurants, this home offers unmatched convenience in a vibrant, walkable community. With its modern design, smart layout, and low-maintenance lifestyle, this Kelly model delivers exceptional living in an unbeatable location. **Special financing is available through our preferred lender. Contact listing agent for more details.**
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.
