45560 Catalina Ln, California, MD 20619
3 beds · 4 baths · 2,640 sqft
🏡 Welcome to 45560 Catalina Ln, California, MD 20619 – Your Dream Home Awaits! Listed at $359,900, this beautifully designed home offers everything you need for modern living. Discover the perfect blend of comfort, space, and convenience in this stunning 3-bedroom, 3.5-bath home, featuring a versatile den/Office/4th bedroom in the fully finished walk-out basement with a full bath! ✨ Step Inside & Fall in Love: Bright & Open Floor Plan – A spacious living room welcomes you upon entry, setting the tone for this inviting home. Modern Kitchen – Centrally located with a large center island, sleek stainless steel appliances, and a gas stove, perfect for entertaining. Seamless Indoor-Outdoor Living – The recreation room flows effortlessly into the backyard through a sliding glass door, inviting in natural light. Upper-Level Retreat – Three generously sized bedrooms, including a primary suite with an en-suite bath, plus an additional full bath. Basement – The fully finished walk-out basement boasts new flooring, a full bath, and a flexible space for a home office, guest suite, or library/den. 🌟 Why St. Mary’s County? Nestled in the heart of Southern Maryland, St. Mary's County is a hidden gem offering the perfect balance of history, nature, and modern amenities. Enjoy: ✔️ Patuxent River Naval Air Station – A cornerstone of the community and a major economic driver. ✔️ St. Mary’s College of Maryland – A prestigious liberal arts college with a scenic waterfront campus. ✔️ Outdoor Adventures – Over 500 miles of shoreline, beautiful parks, and historic sites like Piney Point Lighthouse and St. Clement’s Island State Park. ✔️ Award-Winning Wineries & Dining – Sip and savor at the Port of Leonardtown Winery and indulge in fresh Chesapeake Bay seafood. ✔️ Small-Town Charm, Big-City Access – Enjoy a peaceful, community-oriented lifestyle with convenient access to Washington, D.C., and Annapolis. Whether you're looking for a family-friendly community, a commuter-friendly location, or a home near waterfront recreation, 45560 Catalina Ln is the perfect place to call home! 📞 Schedule Your Private Tour Today! This gem won’t last long—make it yours before it’s gone!
Source: BRIGHT #MDSM2022924
Financials
Source: BRIGHT #MDSM2022924
Source: Public records
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.