Welcome to the desirable Woodbridge Valley community of Catonsville, where this beautifully updated split-level home sits on a quiet cul-de-sac and boasts exceptional curb appeal with its brick and aluminum siding façade, enhanced by meticulously landscaped grounds. Step inside to an inviting open-concept main level highlighted by gorgeous hardwood floors that flow seamlessly from the living room to the dining room, all illuminated by abundant natural light. The gourmet kitchen is truly a standout, featuring a glass tile backsplash, 42” shaker-style cabinetry with soft-close drawers, brand-new stainless steel appliances installed in November 2025, a breakfast bar, a spacious peninsula, and gleaming granite countertops. Outdoor living shines with an expansive backyard designed for relaxation and entertaining. Enjoy an elevated deck, a huge above-ground pool with a custom-built lounging deck, a beautiful pergola, fantastic outdoor lighting, a patio for gatherings, and a fenced grassy area perfect for pets. The upper level hosts the serene primary bedroom suite offering luxury vinyl plank flooring, a French-door closet, and a beautifully updated en-suite bath showcasing a ceramic tile walk-in shower with stylish hexagon tile accents. Two additional bedrooms and a full hall bath, both newly upgraded in October 2025, complete this level. The lower level provides a warm and inviting family room, enhanced by beadboard wainscoting and a wood-burning fireplace with a brick surround and wood mantle. A convenient powder room, storage area, and walkout access to the backyard add to the home’s appeal. Additional updates include new flooring throughout in October 2025; brand-new kitchen appliances, washer, and dryer added in November 2025; fully upgraded bathrooms; fresh paint throughout; a 2021 water heater and roof; all new locks; and a Tesla charger. With easy access to I-795, I-695, and I-70, commuting to points north and south is effortless. Offering comfort, style, and extensive modern upgrades, this home is move-in ready and designed to impress, inside and out.
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.
