Welcome to this exceptional custom home nestled on a private 1+ acre homesite in the sought-after Hughesville area. Boasting over 5,000 square feet of beautifully finished living space, this 5-bedroom, 3.5-bath residence offers the perfect blend of luxury, comfort, and thoughtfully designed indoor and outdoor living. From the moment you arrive, you’ll appreciate the peaceful setting, enhanced by a full vinyl privacy fence with three separate entrances, providing both security and convenience. The property also features a run-in shed converted into a kennel, ideal for animal lovers or those seeking adaptable outdoor space. The expansive lot offers ample room for a future pool. The grounds are truly a standout, featuring extensive professional landscaping highlighted by Japanese maple, Yoshino cherry trees, weeping willow, crepe myrtle, and magnolia trees, all enhanced by professional landscape lighting and supported by a 19-zone Rain Bird irrigation system. Inside, the home impresses with a spacious, light-filled layout featuring elegant crown molding, custom blinds, and refined finishes throughout. The custom-built kitchen is the heart of the home, showcasing granite countertops, upgraded appliances, and a cabinet bar, perfectly designed for both everyday living and entertaining. The home offers multiple gathering spaces, including a welcoming two tiered great room with a gas fireplace and a dedicated theater room for the ultimate entertainment experience. Formal Dining room, private setting Living room and office offered on main level. Both the main level and lower level are equipped with surround sound, enhancing everyday living and special occasions alike. Retreat to the stunning owner’s suite, where vaulted ceilings create an airy, luxurious feel. The suite features an expansive walk-in wardrobe room with custom built-in shelving, along with a spa-inspired owner’s bath complete with a soaking tub, large custom walk-in shower, and dual vanities and private powder room. All bathrooms throughout the home are finished with ceramic tile for timeless style. The fully finished lower level is designed for entertaining, complete with a spacious recreation area, wet bar, and surround sound system, making it the perfect space for gatherings, game days, or relaxing evenings. Outdoor living continues to impress with a 26’ x 26’ composite deck, fashioned with a Jacuzzi Tub - ideal for hosting, grilling, or simply enjoying the privacy of your backyard. Additional highlights include Arlo camera system and alarm security system for peace of mind Attached 2.5 garage and ample driveway parking Ideally located, this home offers close proximity to Dahlgren, Patuxent River, Indian Head, Joint Base Andrews, and Bolling Air Force Base, making it a prime location for commuters while still enjoying Southern Maryland living.
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.
