4009 Winding Waters Ter, Upper Marlboro, MD 20772
3 beds · 4 baths · 3,160 sqft
Get a free consultation call with an expert in the mortgage assumption process.
**VA ASSUMABLE RATE OF 2.25% Welcome to this magnificent 3-level brick front-end unit townhome, nestled in the prestigious Parkside at Westphalia community of Upper Marlboro. This exquisite residence exudes an abundance of space and elegance, offering the feel of a single-family home while enjoying the convenience of low-maintenance townhome living. With 3 generously sized bedrooms and 2 full and 2 half baths, this home is designed for both comfort and style. The main level invites you in with its open concept layout, featuring a gourmet chef's kitchen that is sure to inspire culinary creativity. Boasting an extra-long center island, a wall oven, a natural gas cooktop, and high-end appliances, this kitchen is a dream come true. The spacious dining area comfortably accommodates a coffee bar and workspace, while the inviting living room opens to a stunning Trex deck, perfect for entertaining. The lower level is a delightful surprise, fully finished as a large recreation room adorned with custom built-in industrial-style shelves. This space includes another half bath and rear access to the beautifully hardscaped patio and fenced-in yard, providing an ideal setting for outdoor gatherings. Ascending to the upper bedroom level, you’ll find two large guest bedrooms, a full guest bathroom, and a convenient walk-in laundry room. The standout feature is the exceptional primary ensuite, a true sanctuary that promises relaxation. Indulge in the luxurious soaking experience in the large freestanding tub, enjoy the spacious walk-in shower, and revel in the elegance of the lengthy double vanity. The owners have transformed the outdoor space into a private oasis with a fully permitted fenced yard, an inviting hardscaped lower patio, and attractive upper-level composite decking. Plus, relish the energy savings provided by the OWNED solar panels, significantly reducing or even eliminating your monthly electric bill. This vibrant community offers an array of resort-style amenities, all while conveniently positioned with easy access to Joint Base Andrews, Washington D.C., Annapolis, Northern Virginia, and beyond. Don't miss this extraordinary opportunity to call this stunning townhome your own!
Source: BRIGHT #MDPG2147944
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 #MDPG2147944
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.