1709 Langley Way, Hyattsville, MD 20783
5 beds · 3 baths · 2,065 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Price Cut!!! Beautiful rambler home sits on 0.20 of an acre of flat land. Home has 5 bedrooms and 3 full baths. Original home has 4 bedrooms, 2 full baths, with hardwood floors in living room, dining room, & updated kitchen with granite counter tops with breakfast bar. Plenty of closets for storage. Addition in rear has rec room off kitchen, 5th bedroom, full bath, & storage area with laundry hook ups. Attached addition can be used as a secondary suite or potential rental income. $$$$ "Cha-ching" Buyers to do due diligence in verifying rental opportunities! Rec room goes out to a fully fenced backyard great for entertaining or friend gatherings. Newer Roof, water heater, & A/C. Driveway for 3 car parking and space to expand. Close to 495, 95, shops, restaurants, & public transportation. Why rent when you can buy? Interest rates have come down! Great Investment! Close to upcoming purple metro line! Call me for a free consultation! Please lock all doors and turn off lights after showing. --------------------------------------------------------------------- Hermosa casa RAMBLER se encuentra en 0.20 de acre de terreno plano. La casa tiene 5 dormitorios y 3 baños completos. La casa original tiene 4 dormitorios, 2 baños completos, con pisos de madera en la sala, comedor y cocina actualizada con encimeras de granito con barra desayunador. Muchos armarios para guardar cosas. La adición en la parte de atrás tiene segunda sala pasando a la cocina, quinto dormitorio con baño completo y área de almacenamiento con conexiones para lavandería. La adición adjunta se puede utilizar como departamento adjunto o como posible ingreso por alquiler. $$$$ Cha-ching Compradores hacer su diligencia en verificar oportunidades de alquiler. La segunda sala de reunión va a un patio atrás completamente cercado ideal para entretenimiento o reuniones de amigos. Techo, calentador de agua y aire acondicionado son nuevos. Entrada para estacionamiento de 3 autos y espacio para ampliar. Cerca de 495, 95, tiendas, restaurantes, y transporte público. ¿Por qué alquilar cuando puedes comprar? ¡Las tasas de interés han bajado! ¡Gran inversión! ¡Cerca de la próxima línea morada del metro! ¡Llámame para una consulta gratuita! Por favor ponerles llave a todas las puertas y apagar las luces después de mostrar.
Source: BRIGHT #MDPG2145372
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #MDPG2145372
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.