4515 39th Pl North Brentwood, MD 20722
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About this home
Welcome to 4515 39th Place — Thoughtfully Updated with Expansive Outdoor Space Situated on a generous corner lot in Brentwood, this beautifully updated single-family residence offers a harmonious blend of space, style, and modern convenience. Inside, the home features refined finishes, abundant storage, and flexible living areas ideal for today’s lifestyle. The thoughtfully renovated kitchen is outfitted with quartz countertops, stainless steel appliances, and a glass tile backsplash, providing a contemporary aesthetic and functional appeal. The second level offers three spacious bedrooms and a stylish, functional bathroom as well as a gracious attic storage space. Recent improvements include a brand-new HVAC system, updated flooring, modern lighting, and renovated bathrooms, creating a truly move-in-ready home. Ample storage and natural light flow throughout the interior, while the large, fully fenced yard offers exceptional outdoor living and entertaining potential. Off-street parking adds to the convenience of this well-appointed property. 5-minute drive to the vibrant Hyattsville Arts District, home to popular destinations such as Franklins Restaurant, Busboys and Poets, and Vigilante Coffee. 10-minute drive to The Station at Riverdale Park, featuring Whole Foods Market, Denizens Brewing Co., District Taco, and more. 7-minute drive to the West Hyattsville Metro Station (Green Line), offering easy access to downtown Washington, D.C.
Source: BRIGHT #MDPG2154114
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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.