6372 Shadowshape Pl, Columbia, MD 21045
4 beds · 3 baths · 2,478 sqft

Get a free consultation call with an expert in the mortgage assumption process.
PRICE IMPROVEMENT! Nestled in a highly sought-after neighborhood, this charming single-family home offers both comfort and style. Step inside to discover an updated kitchen featuring sleek stainless steel appliances, ample cabinet space, and gorgeous granite countertops. The main level boasts a spacious living room, a separate dining room, and a dedicated sitting room, perfect for relaxing or entertaining. You'll also enjoy the convenience of a walk-out patio deck and a half bath on the main level. Upstairs, you'll find 4 generously sized bedrooms and 2 beautifully remodeled full bathrooms, providing plenty of space for your family. The fully finished basement offers additional space and includes a laundry room for added convenience. The entire home has been freshly painted throughout and features solar panels, making it energy-efficient. A detached 1-car garage completes this wonderful home. Community Amenities include a library, pools, a recreation center, a lake, and tennis courts, providing plenty of opportunities for relaxation and recreation.
Source: BRIGHT #MDHW2051504
Source: BRIGHT #MDHW2051504
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.
