Welcome to this thoughtfully designed home in The Peak, a sought-after gated community in Vista known for its modern style, scenic surroundings, and everyday convenience. Built in 2021, this 3-bedroom, 2.5-bath townhome features a bright open-concept layout where the living, dining, and kitchen areas flow seamlessly together—ideal for both daily living and entertaining. Expansive windows fill the home with natural light, creating a warm and inviting atmosphere throughout. An added advantage is an assumable FHA loan with a 2.75% interest rate—contact the listing agent for details. Upstairs, all bedrooms are well-positioned along with a convenient laundry room. The spacious primary suite offers a comfortable retreat with a walk-in closet and private en-suite bath featuring a generous step-in shower. An attached two-car garage adds to the home’s practical and functional design. A standout feature is the oversized front patio, offering the perfect space to start your day or unwind in the evening while enjoying sunset views and the surrounding hillside setting. Within the gated community, residents enjoy access to private parks, a heated pool and spa, scenic walking paths, and thoughtfully maintained outdoor spaces, along with ample guest parking for visitors. Located just outside the community entrance, a convenient shopping center includes Albertsons, Sprouts Farmers Market, Better Buzz Coffee, Starbucks, Dunkin’, a nail salon, dry cleaners, and a variety of dining options, putting everyday essentials within easy reach. Commuters will appreciate quick access to Highways 76 and 78, along with Interstate 5 and Interstate 15, making travel throughout North County and beyond simple and efficient. Set in a location known for its value and livability, this home offers an exceptional opportunity to enjoy comfort, convenience, and a connected lifestyle in one of Vista’s most desirable communities. Don’t miss your opportunity to make it yours.
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.
