12908 Argyle Cir, Fort Washington, MD 20744
4 beds · 3 baths · 2,160 sqft
Tucked away at the end of a quiet cul-de-sac, this stunning 4-bedroom, 2.5-bath home sits on a spacious 0.67-acre lot, offering the perfect balance of privacy and convenience, just minutes from Washington, D.C. Blending modern elegance with classic charm, this home boasts gleaming hardwood floors, a gourmet kitchen with stainless steel appliances and granite countertops, and an open, inviting family room. The spacious bedrooms and updated bathrooms provide comfort and style throughout. Retreat to the Owner’s Suite, featuring a luxurious en suite with double vanities, a huge walk-in closet, corner Jacuzzi, and a separate spa-like double shower. The outdoor space is an entertainer’s dream, with an expansive deck, covered outdoor kitchen, stone fire pit, and beautifully hardscaped patio--perfect for gatherings year round. The fully fenced-in lot provides plenty of space and privacy to enjoy the outdoors. With extensive cosmetic and functional renovations, this home is truly move-in ready. Recent updates include: fresh paint throughout, new appliances, HVAC, water softener, electric panel, attic insulation, and a top-to-bottom basement renovation complete with 100% waterproofing. The fully renovated basement includes a full bar with plumbing, pool table that conveys, and an unfinished bathroom awaiting the next owner to make it their own. Schools are Colin Powell Elementary, Accokeek Middle, and Friendly High. Don't miss this beautifully maintained, one of a kind home—schedule your showing today! Many exterior pictures are from the prior listing to highlight the greenery when the trees fill in during spring and summer. The backyard includes large maple trees, dogwood, azaleas, and more! ***Assumable VA Loan for Eligible Veterans ONLY. 2.25% interest rate. Please inquire for more details***
Source: BRIGHT #MDPG2141216
Financials
Source: BRIGHT #MDPG2141216
Source: Public records
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.
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