Welcome to 8529 High Timber Court—an exceptional, pride-of-ownership home in one of Ellicott City’s most desirable settings, featuring a rare combination of turnkey condition, thoughtful custom upgrades, and elite energy independence. From the moment you arrive, you’ll appreciate the quiet cul-de-sac location and the home’s inviting curb appeal—then step inside to find hardwoods throughout the main level, designer finishes, and a layout built for both everyday comfort and entertaining. The main level is anchored by a warm and welcoming family room with a gas fireplace, added windows, and oversized floor windows dressed with custom plantation shutters—creating a bright, cozy space that flows seamlessly into the kitchen. The gourmet kitchen features granite countertops, a center island ideal for gathering (replacing the need for a kitchen table), stainless steel appliances, gas range, and durable tile flooring. A truly impressive main-level office showcases custom built-in cabinetry and bookshelves with tile floors—perfect for working from home in style. Upstairs, the home shines with an upgraded 2nd-floor laundry suite complete with custom cabinetry, utility sink, built-in stacked washer/dryer, and dedicated hanging space—a rare, high-end convenience. The owner’s suite is a retreat with two walk-in closets enhanced by custom built-ins, and a spa-level bath featuring dual vanities and a stunning custom tile and glass shower designed for two. The secondary bath is equally elevated with a double vanity, classic subway tile, and updated lighting. One of the bedrooms is a kid’s dream with a custom built-in bed and accent lighting. The walk-out lower level is an entertainer’s dream—ideal as a second living room/media space with a wet bar and beverage refrigerator, plus excellent storage. A private bedroom with full-size window brings natural light and flexibility for guests, au pair, or multi-generational living. A standout feature: this home includes an owned (not leased) Tesla solar panel system with battery backup—transferable and designed to significantly reduce energy costs while providing the capability to power the home for up to 3 days during outages. EV-ready buyers will love the Level 2 car charger in the garage. Additional conveniences include a second main-level laundry/storage area off the garage, a 2-car garage, and a dining room that may become your favorite space in the home—rich with cozy wood accents and ideal for hosting. This is not just a home—it’s a complete lifestyle upgrade in a prime location with sought-after schools. Homes with this level of condition, customization, and energy capability are rarely available. Schedule your private showing today—this one will be highly desired.
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.
