1739 Northridge Ln, Frederick, MD 21702
3 beds · 2 baths · 1,460 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome home to 1739 Northridge Lane! This beautiful brick-front townhome in sought after Frederick, MD has been beautifully updated and ready for you to move in! Brand new windows! HVAC <2 yrs old! Brand new carpet! Step inside this charming home to discover freshly painted interior throughout complemented by all new carpeting creating a warm and inviting home! The brand new windows allow natural light to flood the home in all rooms. Upstairs has 3 bedrooms and a full bath and the spacious primary bedroom has a nice-sized walk-in closet and an office nook. The main level has a large living room and kitchen with stainless appliances and large eating area. Sliding glass door leads to a nice patio to enjoy the summer months and a fully-fenced yard with newer large shed and space for a garden. Finished lower level offers a versatile space that can be tailored to your needs - whether it's a recreation room or home office space plus a large laundry and storage area. Newer HVAC system less than 2 years old (both indoor and outdoor units)! Roof is only about 7 years old! All ducts just professionally cleaned! Located in a vibrant community with a tot lot playgrounds, tennis courts, baseball field and plenty of space to walk with easy access to local amenities, shopping, dining options and minutes to downtown Frederick, Baker Park, Fort Detrick and major highways. Welcome Home! Property being sold AS-IS. Ask about the 2.9% ASSUMABLE LOAN!!
Source: BRIGHT #MDFR2057654
Source: BRIGHT #MDFR2057654
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.