Welcome to this exceptional over 4,000+ sq, 6-bedroom, 4.5-bath Colonial home nestled on a quiet cul-de-sac in the highly sought-after Parkside community of Upper Marlboro. This home perfectly blends luxury, comfort, and functionality for today's lifestyle. The main level features a 9-ft-high entryway with a gorgeous chandelier. This home is designed for both everyday living and effortless entertaining, with wide-plank hardwood flooring and custom designer lighting. The gourmet kitchen is a true centerpiece, showcasing soft-close cabinetry, pull-out pot shelving, a large walk-in pantry, granite countertop, and an elegant French door (new) that leads to the expansive deck, newly installed in 2025. This creates the perfect indoor-outdoor entertaining space. A spacious private in-law suite, one full bath, a second bedroom, which can be used as a bedroom or an office, in addition to a half bath. ***Upstairs, you'll find four generously sized bedrooms and three full bathrooms, including a luxurious owner's suite with a spa-inspired his-and-hers sink ensuite bath and spacious walk-in closet, providing the perfect private retreat. 3rd bedroom (ensuite) and upstairs laundry. ***The partially finished basement offers outstanding flexibility with an additional finished room (currently used as a gym), plus ample unfinished space (open canvas) ready for a home theater, gym, recreation room, or additional storage to suit your needs. ***Additional upgrades include a water filtration system (filtration tank does not convey), abundant storage throughout, and custom lighting that conveys. ***This home is located in the prestigious Parkside community, residents enjoy resort-style amenities including a clubhouse, swimming pool, fitness center, basketball courts, playgrounds, walking trails, and beautifully maintained common areas, creating a true luxury lifestyle. ***Ideally situated just minutes from Joint Base Andrews, MGM National Harbor, Washington, D.C., I-495, shopping, dining, and entertainment, this home offers both convenience and elegance in one of Prince George's County's premier communities. ***This beautifully appointed home is truly move-in ready and offers the perfect combination of space, luxury, and location. Schedule your tour; it is an exceptional opportunity that won't last long!
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.
