8131 Tower Bridge Dr Pasadena, MD 21122
Your savings
About this home
Welcome to 8131 Tower Bridge Dr. This beautifully maintained home offers a comfortable and inviting living experience, featuring two spacious bedrooms and one and a half bathrooms. The thoughtful layout ensures convenience and functionality for everyday living. The main level is bathed in natural light, thanks to its open floor plan and large picture window. This design creates a welcoming atmosphere, making the space feel bright and airy throughout the day. The kitchen is equipped with everything you need to prepare your favorite dishes. A compact pantry /closet, conveniently located in the hallway or foyer nearby, offers additional storage space for ingredients and kitchen essentials. Adjacent to the kitchen, the spacious living and dining room area is further enhanced by the large picture window, contributing to the home's cheerful ambiance and making it an ideal spot for gatherings. Upstairs, you will find the primary bedroom, complete with a built-in vanity/dressing area for added convenience. There is an additional spacious bedroom, as well as a full bathroom to accommodate residents and guests alike. The finished lower level offers a generous family and recreation room, ideal for relaxing or entertaining. Additional features include a utility room, a half bathroom, and sliding doors that lead out to a private fenced yard and a new deck, providing the perfect outdoor experience. This home is ideally situated just off Hog Neck Road and directly across from the community pool, providing easy access to neighborhood amenities with plenty of parking in both the front and back. Roof is approximately 9 years old, newer windows, a new front door, HVAC system installed in 2022, ensuring comfort and peace of mind for years to come. Located with easy access to Annapolis, Maryland’s Eastern Shore, Baltimore, Washington, D.C., and many local attractions and employers including Ft Meade/NSA, Northrop Grumman, BWI Airport, and Johns Hopkins Hospital.
Source: BRIGHT #MDAA2130070
Loan details
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.