Welcome to this gorgeous home located in the desirable Seneca Pointe community! PAID OFF SOLAR SYSTEM!! Situated on a quiet cul-de-sac, this spacious home offers over 2,200 square feet of comfortable living space designed for both everyday living and entertaining. From the moment you arrive, you'll appreciate the private front courtyard, complete with a charming gate that provides both privacy and security. It's the perfect place to enjoy your morning coffee, an evening cocktail, or dine al fresco with family and friends. Inside, you'll find 3 generously sized bedrooms, 3 full bathrooms, and a versatile flex room that can easily serve as a fourth bedroom, home office, playroom, or hobby space. The kitchen is the centerpiece of the home, featuring an oversized island that overlooks the family room, rich dark cabinetry, granite countertops, newer stainless steel appliances, and a modern sink that completes the space. Designed with entertaining in mind, the split floor plan provides privacy while offering ample room for gatherings and holiday celebrations. A stunning double-sided fireplace creates a warm and inviting atmosphere, connecting the living spaces with style and charm. You'll also enjoy separate formal living and dining rooms, providing flexibility for both casual and formal occasions. The oversized primary suite is a true retreat, with private backyard access where you can relax and enjoy the peaceful surroundings. The ensuite bathroom features a soaking tub, a separate walk-in shower, a dual-sink vanity, a private water closet, and a spacious walk-in closet. Additional features include custom tile flooring throughout the main living areas, plush carpeting in the bedrooms and hallways, ceiling fans throughout, an indoor laundry room with extra storage cabinetry, and an abundance of natural light that fills the home with a bright, open, and airy feel. The property also features solar panels, helping to keep energy costs low during those hot High Desert summer months. Conveniently located near major commuter routes, schools, shopping, dining, and freeway access, this home offers the perfect combination of comfort, space, and location. Don't miss your opportunity to make this beautiful Seneca Pointe home your own!
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.
