5110 Landons Bequest Ln, Bowie, MD 20720
5 beds · 5 baths · 7,014 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Exquisite Estate in the Exclusive Gated Community of The Bequest of Fairwood Nestled within the prestigious Bequest of Fairwood, this stately residence offers the pinnacle of luxury living in one of the most sought-after gated communities. Designed for those who appreciate elegance and exclusivity, this ¾-acre estate sits on a tranquil cul-de-sac, ensuring both privacy and serenity. As you approach via the expansive driveway, you’re greeted by an impressive three-car garage—perfect for your collection of fine automobiles. Enter through grand double glass doors into a soaring two-story foyer, where gleaming hardwood floors and an ornate wrought-iron staircase set the tone for this exceptional home. To the left, a formal dining room exudes sophistication with its tray ceiling, chair railing, and shadow box molding, framed by stately columns—an exquisite setting for lavish dinner parties. To the right, a gracious formal living room awaits, ideal for intimate gatherings and refined entertaining. The heart of the home is the dramatic two-story family room where floor-to-ceiling windows bathe the space in natural light. A gas fireplace, flanked by built-in bookshelves, adds warmth and grandeur. A second staircase seamlessly connects this space to the upper level. The gourmet chef’s kitchen is a masterpiece, boasting granite countertops, an oversized island with bar seating, three ovens, a built-in microwave, custom tile backsplash, and a walk-in pantry. The adjoining sunroom, with additional bar seating, provides a charming retreat for morning coffee or casual dining. A private home office and a spacious mudroom—complete with custom cabinetry, sink, and a full-size washer/dryer—enhance the functionality of this level. Opulent Upper-Level Retreat Ascend to the upper level and indulge in the luxurious primary suite, where a tray ceiling, private sitting room, and exclusive balcony create a sanctuary of comfort. The spa-like en suite bath features an expansive dual vanity, a two-person shower, soaking tub, and designer tilework. A palatial walk-in closet and an additional second walk-in closet provide unparalleled storage. The upper level continues with a spacious secondary suite with a private bath, while two additional oversized bedrooms offer exceptional accommodations. Entertainer’s Dream Lower Level The fully finished lower level is designed for ultimate entertainment, featuring a private guest suite with a full bath, a custom-built home theater, a recreation area, and a family lounge. A full-size wet bar with a mini-fridge, dishwasher, and bar seating ensures effortless hosting. Step outside through the walkout doors to a charming brick patio, where the lush wooded surroundings and expansive backyard provide a picturesque setting for outdoor relaxation. Unrivaled Community Amenities Residents of The Bequest of Fairwood enjoy exclusive access to a private community pool, tennis courts, volleyball courts, jogging trails, a clubhouse, and scenic parks. With three-sided brick construction, dual-zone heating and cooling, and built-in speaker systems, this home offers the perfect blend of elegance, comfort, and modern convenience. Experience the pinnacle of luxury living—schedule your private tour today. You won't want to miss this
Source: BRIGHT #MDPG2141678
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 #MDPG2141678
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 of Equal Opportunity Act.