Welcome to 9320 Judge Place, a spacious and freshly updated home located in the desirable Whetstone community of Montgomery County. This beautifully maintained property offers 5 bedrooms and 3.5 bathrooms, providing ample space for comfortable living, entertaining, and flexible household needs. Step inside to find fresh paint throughout the entire home and newly refinished hardwood floors across the main level and second floor, creating a bright, clean, and cohesive feel. The main level features generous living spaces and a large family room with brand new carpet, perfect for relaxing or gathering with friends and family. From the family room, step directly onto the large deck overlooking the fully fenced and spacious backyard, offering plenty of room for outdoor entertaining at the flagstone patio, room for gardening, or play. Upstairs, the refinished hardwood floors continue through the bedrooms, enhancing the home’s classic appeal while providing durability and warmth. The fully finished basement expands the home’s versatility with a large bedroom with egress window, full bathroom, mini kitchenette, and a dedicated storage room, making it ideal for guests, extended family, or a private living space. (Roof replaced in 2021). Situated within the established Whetstone community, residents enjoy access to neighborhood amenities including walking paths, green spaces, playgrounds, and a community pool, along with convenient proximity to shopping, dining, and major commuter routes. The home is also just minutes from Lake Whetstone Park, offering trails, sports courts, and scenic outdoor recreation. With its fresh updates, flexible living spaces, and location in one of Montgomery County’s well-loved communities, 9320 Judge Place offers both comfort and convenience in a move-in ready setting.
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.
