15100 Dunleigh Dr, Bowie, MD 20721
5 beds · 4 baths · 2,688 sqft
Get a free consultation call with an expert in the mortgage assumption process.
AMAZING HOME WITH SPECTACULAR VIEWS OF THE POND!! Experience a stunning move-in-ready home that radiates the pride of ownership. This amazing home boasts of 40000 square feet of meticulously crafted living space and offers 4 bedrooms, 3.5 baths and fully finished basement. The home features a distinguished brick front and two-story foyer and walk out basement. Inside enjoy hardwood flooring that extends through the foyer, family room and kitchen. The main level boasts a living room and dining room for formal dining and a spacious family room with fireplace and bump-out extended office overlooking the serene pond. Enjoy the kitchen with center island, granite counter tops, and backsplash, recessed lighting and pantry. You will love the spacious breakfast area that opens a wonderful deck with screened gazebo overlooking the pond with fountain. The deck is perfect for fun-time gatherings or relaxing listening to the water on summer nights. In addition, the laundry room is conveniently located just steps from the kitchen for effortless multitasking. The owner's suite features an en-suite bath and includes a large jacuzzi soaking tub and two spacious walk-in closets. The fully finished basement is great for entertaining and includes pool table for endless enjoyment and fireplace, step up living area and full bath with jacuzzi tub, wet bar and recessed lighting. There’s also a finished area for additional storage. This amazing home is located on a premium lot with incredible views of the pond from the office, family room, kitchen and bedrooms. Carpet is 3 years old. Also enjoy the 2-mile walking/biking trail that winds throughout the community. Conveniently located near shopping and dining and features easy access to public transportation/metro and the beltway, DC and VA. The home is a gem and won't last long! Schedule your visit today!
Source: BRIGHT #MDPG2149134
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #MDPG2149134
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.