6005 Calla Pl, Frederick, MD 21703
3 beds · 4 baths · 3,544 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Built in 2023!! Single Family Villa Dwelling with plenty of space. This Villa is larger than the townhouses, has over 4,100 sq ft of finished living space, oversized 2 car garage, located in a very quiet neighborhood. Minutes from downtown. Could be considered as a multigenerational home, with the primary bedroom located on the main level, has its own full bathroom, double vanities, walk in shower with built in shower seat, grab bars, large walk-in closet, recessed lighting. Soaring cathedral ceilings in the family room, make it a great space to enjoy family, open floor plan, luxury vinyl plank flooring, comfortable dining, perfect kitchen space to cook up a gourmet meal, kitchen island, deep stainless-steel sink, quartz countertops, island lip for stools, beautiful 42" cabinets, and all stainless-steel appliances. A separate laundry/mud room, half bath, ceramic flooring, two car garage, plenty of storage space. Rear vinyl deck off the family room offers low maintenance and durability, additional yard space can be fenced in. Home's upper level features a large sitting area overlooking the family room downstairs. Beautiful luxury vinyl plank flooring, as well, recessed lighting, full bath, full ceramic tiled tub and shower, two bedrooms, walk in closets, and a bonus room, for an extra bedroom, den or an office. Fully finished basement, custom built in shelving, brand new top mount sliding barn doors add character, a full bath, ceramic flooring, full ceramic tiled soak tub and shower, a spacious bonus room, can be used for an extra bedroom as well. Plenty of storage space, tankless hot water heater, radon mitigation system, and more. A must see! Schedule your appointment today.
Source: BRIGHT #MDFR2061004
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 #MDFR2061004
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.