14402 Medwick Rd Upper Marlboro, MD 20774
Your savings
About this home
Discover a best kept secret tucked away in a peaceful Upper Marlboro neighborhood. This well-maintained Colonial-style home offers an ideal blend of flexible living space and outdoor retreat perfect for everyday life and entertaining. Features you'll love Owner’s suite with private deck and upgraded bath Two additional generous upstairs bedrooms served by a shared full bath (three bedrooms total) Fully finished lower level perfect for media, playroom, home office or gym with an additional room that can be used as a bedroom. Full bathroom in basement. Circular deck off the back of the house + additional exterior sitting area off the living/family room Separate dining room and eat-in kitchen for easy entertaining Oversized 2-car garage with plenty of driveway parking Private front landscaping that buffers the home from the main road Backyard shed for extra storage Community & area highlights Tucked into a quiet, this home offers the convenience of suburban living with easy access to local shopping, restaurants, and everyday services. Families will appreciate the highly regarded schools nearby and the neighborhood’s friendly, community-focused vibe. Outdoor enthusiasts will enjoy nearby parks and green spaces for walks and weekend recreation. Commuters benefit from convenient access to major commuter routes and regional transit options for quick trips into Washington, D.C. and surrounding employment centers. Why this one stands out Single-family space and outdoor living at a townhouse price with the added privacy of mature landscaping, multiple decks, and a finished basement. This is a rare value in Upper Marlboro.
Source: BRIGHT #MDPG2173936
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.