10801 Rosewood Dr, Hagerstown, MD 21740
4 beds · 3 baths · 2,106 sqft
DEADLINE for all offers is March 18th at 1 pm! Submit your highest and best offer before its gone! Welcome to this stunning 4-bedroom, 2.5-bath split-level home that offers the perfect blend of classic charm and modern convenience. With a beautifully maintained brick exterior, this home boasts a timeless appeal that enhances its curb appeal. The addition of solar panels not only adds an eco-friendly touch but also helps reduce energy costs, making this home both stylish and efficient. Step inside to discover a freshly renovated interior with vibrant colors and an open-concept design that effortlessly flows from room to room. The spacious living area features large windows that flood the space with natural light, creating a warm and inviting atmosphere. The updated kitchen is a chef's dream, complete with sleek countertops and stainless steel appliances. The adjacent dining area is perfect for family meals or entertaining guests. Each of the four bedrooms offers plenty of space and comfort, with the master suite featuring an en-suite bath for added privacy and convenience. The additional full and half baths have been tastefully updated with modern fixtures and finishes, ensuring a luxurious feel throughout the home. A wood burning fireplace adds to the charm and character. The outdoor space is just as impressive, featuring a large in-ground pool that serves as the centerpiece of the backyard. Surrounded by lush landscaping, the pool area is perfect for summer gatherings, relaxing weekends, or simply enjoying a dip on a hot day. The vibrant colors and well-maintained surroundings make this outdoor oasis a true retreat. Conveniently located in a desirable neighborhood, and only minutes from Valley Mall, Shopping and Restaurants! Don't miss the opportunity to make it yours!
Source: BRIGHT #MDWA2024394
Source: BRIGHT #MDWA2024394
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.