210 Lombardy Ct, Middletown, MD 21769
5 beds · 3 baths · 3,464 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Updated custom built colonial on a quiet court in Middletown. This move-in ready home has updates galore! Step in to open concept main level living with a large, beautiful kitchen island, glass tile backsplash, lots of granite countertops, white soft close cabinets, SS appliances and newer GE refrigerator (2023). The kitchen opens to a large eating, gathering and entertaining space with a cozy, stone, wood burning fireplace and a sliding glass door opens to a private, level back yard ideal for entertaining and bbq's! Beautiful LVP fills the main floor right up to the renovated first floor with a MAIN LEVEL BEDROOM or office space, FULL bath (2022) and out to the brand new garage door (2024) with remote and keypad. Upstairs find another 4 spacious bedrooms, 2 updated full baths (2021) and a primary closet that you have to see to believe! The backyard hosts a brand new fiberglass heated in-ground pool with LED lights (2022), new 10 x 20 shed in 2021 and a 6 ft white vinyl privacy fencing all around. Other recent updates include a newer 85 gallon HWH (2022), newer water softener system (2022), newer trim around doors, new base molding and the oil furnace was replaced in 2023. The basement is partially finished and there you will find a 2nd fireplace, the W&D (2021) along with a new exit door and steps leading up to the back yard. Windows were replaced in 2017, along with the roof and siding in 2018. Additional upgrades include an oversized driveway and gutter guards (2022) have been added to make the fall more enjoyable. Generac Generator Access Panel with exterior port was also added. Walk to downtown, schools, parks, trails, shopping, restaurants and best of all, NO HOA! This classic, well maintained home is simply perfect and will not last long!
Source: BRIGHT #MDFR2055580
Source: BRIGHT #MDFR2055580
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.