15202 Richard Bowie Ln, Upper Marlboro, MD 20774
3 beds · 4 baths · 2,016 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 15202 Richard Bowie Ln, a stunning townhouse located in the prestigious Beechtree community in Upper Marlboro, MD. This beautiful property was built in 2018, offering modern amenities and a spacious layout perfect for comfortable living. This two-story townhouse features a total of 3 bedrooms, 2 bathrooms and 2 half bathrooms, providing ample space for your household and guests. With a finished area of 2,580 sq.ft., there is plenty of room to spread out and make this house your home. The property sits on a lot size of 2,178 sq.ft., offering a cozy outdoor space for relaxing or entertaining. The exterior of the townhouse is well-maintained and offers curb appeal that will impress all who visit. Upon entering the home, you are greeted with a bright and airy atmosphere, thanks to the large windows and open floor plan. The living spaces are tastefully decorated with modern finishes and fixtures, creating a welcoming environment for you and your loved ones. The kitchen is a chef's dream, featuring stainless steel appliances, granite countertops, and plenty of storage space. Whether you are cooking a quick meal for yourself or hosting a dinner party, this kitchen has everything you need to create delicious dishes. The bedrooms are spacious and offer plenty of closet space for all your belongings. The bathrooms are sleek and modern, with updated fixtures and finishes that add to the overall luxury of the home. Located in the sought after Beechtree community in Upper Marlboro, MD, this townhouse is in a prime location with an award winning golf course, renovated clubhouse, walking trails, lakes and more! The community is close to shopping, dining, entertainment, and major highways for easy commuting. With all the amenities and features this property has to offer, this home is truly a must-see. Don't miss your chance to make this exquisite townhouse your new home!.
Source: BRIGHT #MDPG2139872
Source: BRIGHT #MDPG2139872
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.