2603 Mary Pl, Fort Washington, MD 20744
4 beds · 3 baths · 1,100 sqft
Welcome to this updated split-foyer home in the heart of Fort Washington. This four-bedroom, three-bathroom residence offers a well-designed layout with modern updates and convenient access to major destinations, including National Harbor, Andrews AFB, and Washington, DC. The main level features refinished hardwood floors and an open living and dining area. A fireplace adds warmth to the living room, while the adjacent kitchen includes stainless steel appliances, granite countertops, white cabinetry, and a stylish backsplash. The primary suite provides a comfortable retreat with an updated en-suite bath, and two additional bedrooms share a second full bathroom. The lower level expands the living space with a fully finished basement, offering a second fireplace, a fourth bedroom, and a full bathroom. This versatile area is ideal for guests, a home office, or a recreation room. Recent upgrades include a new sump pump (2024), HVAC system, updated windows, and a washer/dryer. A Vivint security system is installed, and custom blinds valued at $12,000 enhance privacy and style. Outside, the backyard backs to wooded views with no direct neighbors, creating a private outdoor setting. A deck extends the living space, providing a great spot for relaxation or entertaining. This home is located just minutes from Indian Head Highway (MD-210), offering direct access to I-495, I-295, and the Woodrow Wilson Bridge, making commuting to downtown Washington, DC, Northern Virginia, and Joint Base Andrews efficient. Metro accessibility is nearby via the Branch Avenue and Southern Avenue Metro stations. Residents enjoy proximity to local parks and cultural attractions, including Fort Washington Park, which offers scenic waterfront trails and historic sites, and Oxon Hill Farm, a peaceful national park with walking trails and educational programs. The vibrant National Harbor district features waterfront dining, boutique shopping, the MGM Casino, and entertainment venues like The Capital Wheel. Additional shopping and dining options are available at Tanger Outlets and nearby Alexandria, VA.
Source: BRIGHT #MDPG2145414
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #MDPG2145414
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.