Welcome To Your Bright And Beautifully Upgraded Corner-Unit Retreat In The Heart Of South Coast Metro—Where Comfort, Style, And Effortless Coastal Living Come Together. Imagine Beginning Each Morning On Your Sunlit Balcony, Coffee In Hand, Breathing In The Fresh Air And Soaking In The Vibrant Energy Of Orange County. Step Inside And You Are Immediately Embraced By A Sense Of Warmth And Pride Of Ownership. Natural Light Fills Every Room, Highlighting Fresh Interior Paint, Modern Laminate Flooring, Elegant Crown Molding, Recessed Lighting, And Distinctive Ascot Wall Paneling That Adds Depth And Sophistication. Every Detail Has Been Thoughtfully Considered, Including Custom Closet Organizers That Seamlessly Blend Function And Style. The Updated Kitchen Is Both Beautiful And Practical, Featuring Polished Granite Countertops And Direct Access To A Second Private Patio—Your Perfect Spot For Al Fresco Dining, Entertaining, Or Unwinding While Enjoying Serene Views Of The Sparkling Community Pool. The Spacious Bathroom, Finished With Large-Format Tile, Feels Like A Personal Spa Retreat, While Both Bedrooms Offer Comfort, Tranquility, And Smart Storage For Everyday Living. Beyond Your Front Door, A Resort-Inspired Lifestyle Awaits. Enjoy Access To Three Pools, Five Spas, Four Tennis Courts, Basketball And Volleyball Courts, A Fitness Center, Clubhouse, BBQ Areas, And Lush Landscaped Grounds. This Home Is Ideally Situated Just Steps From Laundry Facilities, The Pool, And Tennis Courts, Adding Everyday Convenience To Your Routine. One Of Your Patios Overlooks The Peaceful Bomo Koral Park, While The Other Captures Calming Pool Views—Giving You The Best Of Both Nature And Resort Living. Location Is Truly Everything. You Are Moments From South Coast Plaza, Metro Pointe, South Coast Repertory, And Some Of The Finest Dining And Entertainment In Orange County. With Quick Access To The 405, 55, 73, And 5 Freeways, Commuting Is Seamless And Stress-Free. Whether You’re A First-Time Homebuyer Or Seeking A Stylish, Move-In-Ready Sanctuary, This Upgraded Corner Unit Delivers The Perfect Balance Of Elegance, Comfort, And Convenience. Don’t Miss Your Chance To Experience Resort-Style Living In One Of Orange County’s Most Sought-After Communities—The Perfect Blend Of Luxury And Practicality. Your Dream Home Awaits—Schedule A Private Tour Today!
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
