Welcome to your homesteader’s paradise! 7456 Eylers a distinguished circa-1875 farmhouse gracefully situated on 10.21 picturesque acres within the scenic landscape of the Catoctin Mountains. This exceptional property offers a refined country lifestyle, where historic craftsmanship and modern comfort coexist effortlessly. Carefully preserved and tastefully enhanced, the home highlights authentic period elements—exposed hand-hewn beams, rich wood finishes, and thoughtfully curated details that reflect its enduring character. Spanning over 2,300 square feet, the interior presents expansive yet inviting living spaces designed for both quiet moments and elegant entertaining. A striking great room addition serves as the heart of the home, featuring soaring ceilings, walls of windows, and overhead skylighting that illuminate the space throughout the day. Radiant heated tile floors provide comfort during cooler months, while the seamless transition to the kitchen creates a natural flow ideal for gatherings. The kitchen itself balances charm and functionality, offering an inviting setting for everyday meals or curated dinner parties. The residence includes three well-appointed bedrooms and two baths, along with a finished third-level retreat perfectly suited as a private study, library, or additional guest quarters. . Modern upgrades—including an updated HVAC system, ductless climate control, and leased solar panels—enhance efficiency while preserving the home’s historic integrity. Septic to the property was also replaced and upgraded in 2018/2019 by the previous owner Beyond the residence, the grounds offer a serene escape. The gentle presence of Little Owens Creek, a charming springhouse, and abundant wildlife create a setting that feels both peaceful and inspiring. Enjoy morning light from the welcoming front porch or host sunset gatherings on the fenced rear deck designed for outdoor dining and relaxation. Conveniently located near Summit Lake Camp and just minutes from Thurmont, the property also provides easy access to Route 15 and nearby destinations such as Gettysburg, Liberty Ski Resort, and Cunningham Falls State Park. Major airports—including BWI, MDT, DCA, and IAD—are approximately an hour away. A rare offering that embodies heritage, privacy, and understated luxury—this is country living at its most timeless.
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.
