Welcome to 9801 Passage Drive—an extraordinary residence where timeless elegance meets modern luxury in one of Upper Marlboro’s most desirable enclaves. Perfectly positioned for privacy and prestige, this stunning estate offers a rare opportunity for the discerning buyer seeking sophistication, space, and elevated living. From the moment you arrive, the home’s commanding presence and refined curb appeal set the tone for what lies within. Step through the grand entryway into a light-filled interior defined by soaring ceilings, expansive windows, and meticulously curated finishes. Every detail has been thoughtfully designed to create an atmosphere of effortless luxury. The heart of the home is a beautifully appointed gourmet kitchen, ideal for both intimate gatherings and large-scale entertaining. Featuring premium appliances, custom cabinetry, and an oversized center island, it flows seamlessly into elegant living and dining spaces that exude warmth and style. Retreat to the lavish primary suite—a private sanctuary complete with a spa-inspired bath, two generous walk-in closets, and serene views that invite relaxation at the end of the day. Additional bedrooms offer comfort and flexibility, perfect for family, guests, or a home office. Designed with both entertainment and everyday living in mind, this residence boasts exceptional amenities, which may include a finished lower level, home theater potential, fitness space, or recreation areas tailored to your lifestyle. Outdoor living is equally impressive, with beautifully landscaped grounds and inviting spaces for al fresco dining, gatherings, or quiet moments of reflection next to your own in-ground pool. Located just minutes from major commuter routes, shopping, dining, and premier golf courses, this home delivers the perfect balance of convenience and exclusivity. 9801 Passage Drive is more than a home—it is a statement of success, a retreat from the ordinary, and an investment in a lifestyle defined by comfort, elegance, and distinction. Schedule your private tour today and experience the exceptional. Check out www.9801PassageDr.com for more!!
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.
