19330 Ranworth Dr, Germantown, MD 20874
5 beds · 4 baths · 4,019 sqft
Welcome to this stunning 3-level Colonial/Contemporary home featuring 4,438 sq. ft. of finished space in the vibrant yet secluded Kingsview Ridge community. Designed with sheer elegance, this home offers a formal living room and dining room, complemented by gleaming hardwood floors, exquisite moldings, vaulted ceilings, and recessed lighting throughout. The expansive 2-story family room creates a grand yet inviting atmosphere, perfect for entertaining or relaxing. The gourmet kitchen is a chef’s dream, boasting granite countertops, stainless steel appliances, 42” cabinets, a pantry, a center island, and a spacious breakfast area. Adjacent to the kitchen is a convenient laundry room with direct access to the spacious 2-car garage. The first-floor library/office offers a quiet retreat, while the powder room adds extra convenience for guests. Enjoy outdoor living with a brand-new stone patio, accessible through sliding glass doors, perfect for relaxing or entertaining. Upper Level: The primary suite is a true retreat, featuring a designer walk-in closet and a luxurious master bath with a jacuzzi tub, separate custom tile shower, and his-and-her vanities. Three additional large and spacious bedrooms, along with a full bath, complete the upper level, offering comfort and style for the entire family. Lower Level: The fully finished basement boasts a large family recreation room, a separate bedroom and full bath, and ample storage space. Community & Location: Enjoy access to parks, the Germantown Recreation Center, tennis and basketball courts, swimming pools, a clubhouse, tot lots, and scenic bike trails. Conveniently located near grocery stores, pharmacies, restaurants, daycare centers, and more. Ideal for commuters, with easy access to I-270, Rt. 200, and the Beltway corridor, plus the MARC train station less than 2 miles away. This exceptional home is designed for family living and entertaining. 📞 For more information, call your helpful agent today!
Source: BRIGHT #MDMC2169632
Financials
Source: BRIGHT #MDMC2169632
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.