Million Dollar Mountain Views! Enjoy million dollar mountain views and an abundance of privacy from this exceptional home atop Spruce Street in this highly coveted hilltop Modern home. Contemporary designed exterior with two car attached garage with direct access from the home. This home is one of 5 homes at the end of Spruce Street in a quiet and private cul-de-sac. Exterior landscaping is desert scape for easy care and maintenance. There is a large pool and spa in addition to an outdoor fire pit and expansive pool decking with additional patio space. Inside you will immediately notice the amazing panoramic mountain views of Mount San Jacinto and surrounding mountains through the custom multi-paneled sliding glass doors. High ceilings allow you to take in the breathtaking sunsets and sunrises in this amazing open concept home. You will find four bedrooms and two bathrooms in addition there is a living room, and dining room. Enjoy lots of outdoor time in the spacious pool and spa that sits on this huge 10,454 square foot lot. The kitchen has granite slab counter tops and pendant lighting above the breakfast bar with counter seating for dining in addition to the large dining room area. The living room has a sleek fireplace and a fifth sliding door to the expansive outdoor space so you can take in all the exceptional views this home has to offer. There are porcelain tile floors for durability, easy care, and maintenance. Both bathrooms are large with dual sinks and lots of counter space. This home has lots of storage space too. There is a linen closet, separate laundry room, and pantry in the kitchen. This home has leased solar with approximately 10 years left on the lease, and the monthly lease payment is approximately $330. There is no HOA and this home is located on fee land so you own the land. Views like this are rare and hard to find. Call today to schedule your private showing to see this outstanding contemporary view home. Homes like this do not come on the market very often under a million dollars. So make this your golden opportunity to own a contemporary pool home with million dollar mountain views atop a hillside in an ideal location. Your friends and family will be wowed by these unbelievable panoramic mountain views.
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.
