3613 Stoneybrook Rd, Randallstown, MD 21133
4 beds · 3 baths · 4,602 sqft
Welcome to this stunning ranch-style home in the highly sought-after Stoneybrook community, offering over 4000 finished square feet of luxurious living space. This expansive home features 4 bedrooms, 2.5 baths, and an array of upgrades, including new carpet, updated bathrooms, and beautiful LVT floors on the main level. The heart of the home is the updated kitchen, boasting granite countertops, stainless steel appliances, a custom backsplash, and a sunken morning room that leads to a serene screened porch, overlooking your private yard with a deck, firepit area, pond, and a 10x12 shed. The spacious family room offers a wood-burning fireplace with custom built-ins and beamed ceilings, creating the perfect setting for relaxation. You'll also find a second fireplace, more built-ins, and recessed lighting in the finished basement, which could serve as a 4th bedroom or den. The lower level features LVP flooring, while the rest of the home enjoys 9-foot ceilings on the main level, adding to its open and airy feel. The owner’s suite is a true retreat with custom built-in cabinetry, a luxurious en-suite bathroom with a chandelier, a stand-alone tub, and a separate shower. There’s also a huge laundry room on the main level for added convenience. Additional features include a 200-amp service, a full attic for ample storage, and a two-car garage with a walk-up to the finished basement. No HOA, flat yard, and an overall private oasis perfect for entertaining and enjoying the outdoors. There's even a 2 car garage that's heated and has drainage for washing your cars! This home is a rare find with over 1/2 an acre and has everything you need and more. Don't miss the chance to make it yours!
Source: BRIGHT #MDBC2120256
Source: BRIGHT #MDBC2120256
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 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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 580, 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.