OPEN HOUSE SUNDAY 12/7/2025 - 1PM-4PM!!! "Deck the Halls and trim the tree - this is the gift you'll never forget - A NEW HOME!!!! " HOLLY RIDGE* PREVIOUS MODEL FEATURES: END UNIT* STRAUSS MODEL * LARGEST TH FLR PLAN *fRONT AND BACK BUMP OUTS*STAINLESS APPLIANCES*TANKLESS HOT WATER HEATER*GARAGE WITH STORAGE*FENCED YARD* 3+BR/ 2 FULL and 2 HALF BATHS* NEW CARPET IN BASEMENT/STAIRS ---W/ PRICE IMPROVMENT? YESSSSS! IT'S TRUE! AN EARLY SEASON GIFT TO GET THE HOLIDAYS STARTED! Home inspection IS done, repairs completed by MD General contractor w warranty --on top of AHS Home Warranty!!! Come unwrap this gift early! Enjoy some Joy, gratitude & COOKIES today! HO! Ho! HO-ME! (Sellers are motivated and have their eye on home of choice.) This stylish elevation is the one and only Strauss Model of Holly Ridge, built in 2017 as the LARGEST MODEL and has special look and bump outs in the front and back! Boasting Three Levels of Living with THREE BEDROOMS, FOUR BATHROOMS, this END UNIT TOWNHOUSE on a Cul-De-Sac with EXTRA LARGE fenced back yard that backs to GREEN on two sides will please all who dwell here. Well Maintained and gently lived in STRAUSS MODEL will impress even the pickiest buyers. The Strauss offers 2,500+ SF of living space. The ENTRY LEVEL features a large foyer with a closet, LARGE FAMILY ROOM with natural light, POWDER ROOM and door connecting to a 1-Car Garage with automatic door opener. The MAIN LEVEL boasts 9' ceilings and an Open Floor Plan. The KITCHEN features a Gourmet-Island with room for four stools and electrical outlets for devices when they need charging. The MAIN LEVEL includes LIVING ROOM, DINING ROOM and POWDER ROOM. The KITCHEN and BATHROOMS features Craftsman Cabinets and granite counter tops and upgraded tile. THE TOP LEVEL features a Landing Area for Playing Games or a Desk. A SPACIOUS LUXURY PRIMARY BEDROOM with EN SUITE BATHROOM with two sinks, soaking tub and step-in shower. Large walk-in closet has shelves. BEDROOMS #2 and #3 feature large windows and built-in closets. The top floor also has a full bath with shower/tub combo off of the landing area at top of stairs. The TOP LEVEL features a bedroom-level LAUNDRY ROOM with storage and a window. There is an abundance of Natural Light in this end-unit townhome. The EXTRA-LARGE BACKYARD edged by trees and GREENSCAPE on TWO SIDES and is fully fenced for privacy. Fence includes a latching gate. Perfect for BBQs, Star Gazing and toasting Marshmallows on the Fire Pit. Tucked away conveniently minutes to all commuter routes including Rt 70 and 270 for easy access for commuters to Park and Ride, Train, and Metro. Also nearby are multiple nearby parks to explore, shopping, dining and entertainment for all. Sellers are offering a 1-year AHS Home Warranty for peace of mind. (DOM couldn't be stopped - reflects time of repairs, final improvements and government shut down ....) WAITTING FOR THE PERFECT new owners - yes - that is YOU! COME HOME FOR THE HOLIDAYS!!
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.
