2920 Knight Ct, Bryans Road, MD 20616
5 beds · 4 baths · 3,663 sqft
Get a free consultation call with an expert in the mortgage assumption process.
**Stunning Colonial Residence in Bryans Road, Maryland – A Luxurious Family Haven** Nestled in the picturesque neighborhood of Windsor Manor, this exquisite five-bedroom, 3 ½ bath Colonial residence exemplifies elegant living at an economical price point. As one of the exclusive models in the community, this property showcases custom fixtures and features that set it apart from the rest. Step inside and be greeted by an abundance of natural light that floods the spacious living areas. The heart of the home boasts a gourmet kitchen equipped with high-end appliances, perfect for culinary enthusiasts. The seamless flow from the kitchen to the dining and living spaces makes this home ideal for entertaining family and friends. Venture outside to discover your very own oasis—a newly built deck and gazebo, perfect for summer gatherings or tranquil evenings under the stars. The fenced-in backyard offers privacy and security, making it an ideal play area for children or pets. For those seeking an active lifestyle, the home gym provides a convenient space to maintain fitness routines without leaving the comfort of your home. Movie nights take on a new dimension in your private home theater, featuring plush seating and state-of-the-art technology for an immersive cinematic experience. This property is not just a home; it’s a lifestyle that can adapt to your every need. Home theater furniture & gym equipment will convey with the sale of the property. All other furniture and home items can be sold separately or negotiated into the sales price, allowing for a seamless transition into your new abode. With a competitive assumable loan rate of just 2.875%, this opportunity is especially appealing to military and veteran families who qualify. Don’t miss out on this chance to own a piece of luxury living in a vibrant community. Motivated sellers are eagerly awaiting your arrival—schedule your private tour today and discover the unparalleled lifestyle that awaits you in this extraordinary home!
Source: BRIGHT #MDCH2040966
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #MDCH2040966
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 and Equal Opportunity Act.