Significant price improvement!!! Welcome home to this stunning and spacious 4-story town home in the wonderful O'Donnell Square community, where modern comfort meets vibrant city living. With 3 spacious bedrooms, 3 full bathrooms, and garage, this home offers the perfect amount of space and large footprint to live, work, and entertain in style. Step inside to a welcoming entry-level bonus space that’s perfect for a game room, second living area, home office, or workout space. A large walk-in closet provides exceptional storage and organization. The sun-filled main level features an open-concept design with beautiful LVP flooring, creating a warm and inviting atmosphere throughout the kitchen, dining, and living areas. Lots of lighting accents include recessed and under cabinet to set the perfect kitchen lighting for entertaining or preparing that incredible meal. Enjoy seamless access to the private balcony deck — the perfect spot for morning coffee or relaxing evenings, taking in a stunning sunset with sweeping city views. Brand new deck was installed in 2025. Upstairs on the third level, you’ll find 2 comfortable bedrooms and 2 full bathrooms, including a spacious primary suite with ensuite bathroom. The unique layout of this home features an additional top level primary bedroom with ensuite bath and walk-in closet offering a private retreat as a luxurious primary suite or making it ideal for guests or flexible living arrangements. This extra private living area is unique very unique to this property in O'Donnell Square development. Additional features include dual zone HVAC units for year-round comfort and maximum efficiency. Located just steps from Canton’s shopping centers, popular restaurants, bars, shops, waterfront attractions, and major commuter routes on I 95, Harbor and McHenry tunnels as well as Johns Hopkins Bayview campus. This home places you right in the center of everything Baltimore city living coupled with exceptional, well maintained outdoor space! This home is what you’ve been looking for, don't miss 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.
