8510 Randell Ridge Rd, Frederick, MD 21704
4 beds · 4 baths · 2,062 sqft
SOLAR PANELS SAVES HUGE ON ELECTRIC BILLS FOR NEW OWNER, ELECTRIC EV CHARGER INSTALLED IN GARAGE. Welcome to this 4-bedroom, 4-bathroom residence in the highly desirable Tallyn Ridge community. Built just 3 years ago, this home boasts modern amenities and stylish features, making it a perfect choice for contemporary family living. Welcoming covered entrance host a study/office which can be easily converted to a first floor bedroom with easy access to a full bath. The main floor is open , flooded with natural light, upgraded flooring .Step inside to discover a gourmet kitchen, featuring an expansive island and ample cabinet space. The open layout seamlessly connects the kitchen to the living and dining areas, making it ideal for both everyday living and entertaining guests. The upper level is dedicated to comfort with generously sized bedrooms and a convenient laundry room. The lower level offers flexible space that can be utilized as an office, den, or easily converted into an additional bedroom. Enjoy the outdoors with a large deck off the living room, perfect for relaxing or hosting gatherings. The rear-entry two-car garage, complete with a parking pad beneath, adds convenience and ample parking. Residents of Tallyn Ridge benefit from a community pool, playground, and scenic walking trails leading to Pinecliff Park. Additionally, the home is within the highly-regarded Oakdale Elementary, Middle, and High School feeder pattern, ensuring top-notch education for your family. Don’t miss the opportunity to make this exceptional property your new home! Also electric charger installed in garage with solar panels. This modern home comes with all the bells and whistle.
Source: BRIGHT #MDFR2056434
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 #MDFR2056434
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.