Stunning 3-Level Townhome in Walkersville, MD – Move-In Ready with Modern Upgrades! Welcome to your dream home in the heart of charming Walkersville, Maryland! This beautifully updated 3-level townhome offers the perfect blend of comfort, style, and convenience, featuring 3 spacious bedrooms, 2.5 baths, and a fully finished basement with a full bathroom and walkout access to the outdoors. Step inside to discover a bright and open main level, highlighted by an updated gourmet kitchen boasting sleek quartz countertops, brand-new stainless steel appliances, and ample cabinetry for all your culinary needs. The convenient half bath on this level adds everyday ease for family and guests. Upstairs, retreat to the three bedrooms on the upper level, including a primary suite, all sharing a well-appointed and updated full bath. The fully finished lower level is a true gem – complete with a full bathroom, versatile recreation space, and direct walkout to the fenced-in rear yard, ideal for entertaining or can be used as an additional bedroom. Recent upgrades ensure worry-free living: new HVAC system, roof is 3 years old, and new gutters. Plus, enjoy the perks of two assigned parking spots right at your doorstep. Priced to sell and packed with value – this townhome is a rare find in Walkersville! Schedule your tour today and make it yours. A Highlight on Walkersville's Excellent Schools:** Families will love the top-tier education options here, served by the highly regarded Frederick County Public Schools district. Walkersville Elementary (PK-5) provides a nurturing start with strong proficiency rates—34% in math and 45% in reading—ranking it among Maryland's solid elementary choices. Walkersville Middle (6-8) excels in the top 50% statewide, with 4-star ratings for overall performance and a supportive 16:1 student-teacher ratio. High schoolers thrive at Walkersville High (9-12), ranked in the top 20% of Maryland schools with a 96% graduation rate, 27% AP participation, and robust college prep opportunities. These schools emphasize academic excellence, equity, and community, making Walkersville an ideal spot for raising a family.
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.
