43490 Greg St, Hollywood, MD 20636
4 beds · 3 baths · 2,970 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this stunning Aberdeen model built by Quality Built Homes! A 4-bedroom, 2.5-bathroom home in the highly sought-after Twin Ponds community! This home is the perfect location for easy access to Leonardtown, California, and PAX River Naval Air Station. Upon entering the home you'll be greeted by a bright and airy 2 story foyer and gleaming hardwood floors! This inviting open floorplan features a gorgeous white kitchen with upgraded cabinetry, granite countertops, a double wall oven, and a large pantry! A main floor home office with glass French doors offers privacy and the formal dining room is spacious enough to accommodate a table for 10! The inviting family room features a gas fireplace and plenty of options for furniture placement. Upstairs, you'll find 4 generous-sized bedrooms, including a luxurious owner’s suite with a tray ceiling, massive ensuite bath, and spacious walk-in closet. The shared upstairs hall bath has double sinks and separate area for shower and toilet for added privacy. The huge unfinished walk-out basement provides endless possibilities. Already plumbed for a bathroom and featuring an egress window for a potential bedroom, this space is ready for your finishing touches to add even more finished square footage. The fully fenced backyard includes a designated space for pets, while the oversized 2.5-car garage offers ample room for a workbench and extra storage. You’ll love the convenience of gas cooking, a cozy gas fireplace, a tankless gas water heater, and the efficiency of a heat pump with gas backup. Currently zoned for Duke Elementary, Leonardtown Middle, and Leonardtown High School, this home offers the perfect country feel while being close to all amenities. Don’t miss this your opportunity to see this home!
Source: BRIGHT #MDSM2023200
Source: BRIGHT #MDSM2023200
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.