2801 Deer Creek Ct, Indian Head, MD 20640
5 beds · 4 baths · 3,982 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome Home! Luxurious living can be all yours in this incredible colonial home in the sought-after Hunter Springs community! Set on a picturesque 2.50-acre lot, you’ll discover an expansive 3,982 square foot layout offering an impressive 5 bedrooms, 3.5 baths...designed for a modern lifestyle. Make your way into the remarkable main level, a sophisticated blend of hardwood floors and and an open floor plan... creating a fine interior you’ll want to linger in. Entertaining is a breeze from the generously sized family room to the comfortable dining room and living room/office. Gourmet kitchen comes fitted with gorgeous maple cabinetry, stainless steel appliances, double ovens, sleek granite counter-tops, and morning room off of kitchen. Mud room with wooden plank wall leading to attached two car garage. Make your way upstairs to spacious primary suite features a walk-in closet and a deluxe primary bathroom complete with two separate sinks, a soaking tub, and a glass-enclosed shower. Upper level boasts 3 more generously sized bedrooms, hall bathroom, and laundry. As a premium perk, you’ll find a finished lower level with a rec room w/ LVP flooring, 9 ft ceilings, an additional bedroom, full bath, and storage space. Your outdoor oasis awaits with a composite deck, storage shed and plenty of yard space for play, relaxation, and summer cookouts. Close proximity to schools, shopping, restaurants, and more! VA assumable loan with 2.75% interest rate!!
Source: BRIGHT #MDCH2041614
Source: BRIGHT #MDCH2041614
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.