15219 N Berwick Ln Upper Marlboro, MD 20774
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About this home
SAVINGS!!! 3.5% Assumable loan option! One of the most affordable townhomes in Beechtree! Immaculate and move-in ready! This is the Town-Home you have been waiting for!! Nestled in the beautiful, amenity-filled community of Beechtree. This charming brick townhome offers 3 spacious bedrooms and 3.5 bathrooms, providing all the room needed for comfort and relaxation. The neat and well-kept spaces set this home apart from the moment you step inside. Enter through your front door or garage entrance on the lower level, where you are guided upstairs to the open and airy main level. Here, you'll find the practical space for everyday living and entertaining. The abundant natural light that fills this home creates a warm and inviting atmosphere. The main floor features an open living area that leads to the kitchen and dining area, ideal for hosting friends and family or enjoying quiet meals at home. The kitchen is a true standout, with sleek stainless steel appliances, a large island breakfast bar, perfect for casual gatherings or everyday meals. Step outside to the private deck, where you can continue entertaining or simply enjoy peaceful wooded views. Under the deck, you have a fenced-in green space perfect for pets or a secluded and secure outdoor space. The upper floor boasts a serene primary suite with a spacious walk-in closet and a luxurious en suite bathroom with a soaking tub. Two additional well-sized bedrooms share a full bathroom with a double vanity, and the convenience of an upper-level laundry closet makes chores a breeze. The basement offers even more space to unwind, featuring a cozy entertainment area, a FULL Bathroom and a rear slider leading to your private, fenced backyard. Similar to a single-family home, there is a large 2-car garage! This mature, well-maintained community offers so much: Picturesque walking trails, an amenity-filled Community Center, numerous playgrounds and soccer fields, tennis courts, swimming, and more! This home has all the practical touches you need and is move-in ready! Mortgage savings may be available for buyers of this listing
Source: BRIGHT #MDPG2177048
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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.