**Catered Open Houses on Saturday December 6th from 12-2pm and Sunday December 7th from 12-2pm** OFFER DEADLINE MONDAY 11/8 at 12PM. Right Where You Want to Be This is the sweet spot. A classic brick Colonial tucked into a peaceful pocket of Forest Heights, where everything you need is just minutes away—yet your home feels like a calm retreat. With three finished levels, no HOA, and a backyard you don’t typically get at this price, this semi-detached gem makes coming home feel like a breath of fresh air. Inside, the layout is timeless and practical. The main level welcomes you with warm wood floors and a bright, open living and dining space—great flow for daily life and easy entertaining. The kitchen connects directly to the deck, making outdoor meals a natural part of your routine. Out back, the spacious yard offers room to relax, garden, or design your own outdoor hangout. Upstairs, three sunlit bedrooms and a full bath provide just the right amount of personal space. Downstairs, the finished lower level is your bonus zone—ideal for a home office, gym, media room, or creative studio. Whether you’re hosting, working from home, or just spreading out, you’ll appreciate the flexibility. This home offers more than comfort—it delivers unbeatable convenience. Located on the Maryland side of the Woodrow Wilson Bridge, you’ll have fast access to D.C., Virginia, and all of Prince George’s County. National Harbor, MGM Casino, Topgolf, Tanger Outlets, and major commuter routes like I-495, I-295, and Route 210 are just minutes away. Joint Base Andrews, Bolling, and other key job centers are close, too. Need storage or room to grow? The full basement and smart layout give you both. Want outdoor space without upkeep stress? The fenced backyard is manageable yet inviting. And with no HOA, you can enjoy homeownership without extra monthly fees or restrictive rules. With a classic look, a functional three-level floor plan, and a location that puts you in the center of it all, this home is a rare find—and a smart move.
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.
