2009 Diane Ln, Ellicott City, MD 21042
4 beds · 4 baths · 3,116 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled on a private cul-de-sac in one of Ellicott City's most desirable neighborhoods, this elegant brick-front rancher offers an exquisite blend of timeless charm and modern comfort. Boasting over 4,000 square feet of thoughtfully designed living space, this home welcomes you with an open-concept layout, seamlessly connecting the living room, family room, and formal dining area. The chef’s kitchen is a culinary delight, featuring a built-in countertop range, double wall oven, dishwasher, and refrigerator—perfect for both everyday living and entertaining. The private primary suite is a true retreat, offering direct walk-out access to the expansive rear deck, dual walk-in closets, and a spa-like bath complete with a soaking tub, walk-in shower, and double vanity. Two additional generously sized bedrooms, a full bath, and a powder room complete the main level. A conveniently located mudroom with laundry connects directly to the oversized two-car garage for effortless functionality. The lower level extends the living space with a versatile layout, featuring a spacious bedroom, a potential second bedroom or home office with custom built-ins, a full bath, and an entertainment area with a built-in bar—ideal for hosting gatherings. Ample storage is provided by multiple storage rooms with built-in shelving. Step outside to the large rear deck, perfect for enjoying morning coffee or evening relaxation. Situated on a quiet cul-de-sac, this home offers privacy and tranquility while being just moments from Routes 29 and 70 for easy commuting. Don’t miss the opportunity to own this stunning residence in an exceptional location! Recent updates: Roof 2022, Hot water heater 2023, Garage doors 2024
Source: BRIGHT #MDHW2050030
Source: BRIGHT #MDHW2050030
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.