Beautifully updated end-unit home in the highly sought-after Verano neighborhood within Talega of San Clemente. This 3-bedroom, 2.5-bath residence has been recently painted inside and out, offering a light-filled, move-in ready ambiance throughout. The open-concept living space on the main level creates a seamless flow between the kitchen, dining, and living areas, ideal for both everyday living and effortless entertaining. Upstairs, all bedrooms are thoughtfully positioned to provide comfort and privacy, creating a functional and well-designed layout. Step outside to a generously sized, beautifully landscaped and hardscaped yard, perfect for relaxing, dining al fresco, or hosting gatherings. The home also features a rare and highly desirable full 2-car garage plus 2 car driveway, adding both convenience and long-term value, a rare find in this community. Ideally located in the center of the neighborhood, the property offers a peaceful setting while still being close to everything Talega has to offer. Residents of Verano enjoy access to Talega’s exceptional resort-style amenities, including multiple pools, lap pools, sports courts, pickleball courts, BBQ and picnic areas, and an abundance of parks and greenbelts. The community is known for its vibrant outdoor lifestyle, scenic surroundings, and thoughtfully planned spaces that promote both relaxation and recreation. This home presents a unique opportunity to enjoy the best of coastal Orange County living, combining style, comfort, and access to one of San Clemente’s most desirable master-planned communities. Near shopping and freeway access, come see what Verano has to offer. Welcome home!
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.
