1 Grandin Cir, Rockville, MD 20851
3 beds · 2 baths · 1,382 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Stunning move in ready home with an amazing back yard! Welcome home as you are greeted by stunning hardwood floors in the main living area. Look forward to relaxing and cooking in your updated kitchen. Recently remodeled, it offers white cabinets, granite countertops, stainless steel appliances, and plenty of storage and prep space! Step outside into your fenced in backyard oasis, perfect for gardening, kids, pets, and those Summer cookouts! Enjoy the conveniences of downtown without sacrificing having a great yard! Tired? Make way back into the main level and retreat to your bedroom. Three total bedrooms on the main floor, with a renovated bathroom as well. The lower level is recently updated with brand new flooring and paint! Plenty of space for a family room area, home gym, home office, kids play area, or all those things! Renovated full bathroom in the lower level as well. As if the home wasn't enough, the location is incredible! Accessible and convenient, minutes to shopping, Rockville Town Square, grocery stores, international markets, and some of the best restaurants in the area! A short drive to multiple commuter routes. About a mile to Rockville Metro! Your tranquil yet centrally-located suburban retreat awaits! PROFESSIONAL PHOTOS WILL BE AVAILABLE 04/04/2025
Source: BRIGHT #MDMC2171248
Source: BRIGHT #MDMC2171248
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.