A rare blend of private outdoor living space, indoor open floor plan, attached garage parking, and low-maintenance comfort, this Vista townhome is designed to make everyday living feel easy and comfortable. The oversized fully fenced front courtyard creates a rare sense of privacy and spaciousness - offering room to relax, entertain, dine alfresco, garden, enjoy room for pets, or simply unwind in a space that truly feels like your own private outdoor retreat. Built in 2011 and set within Oak Drive Villas, a community of just 42 homes, this VA-approved townhome offers 3 bedrooms, 2.5 baths, and approximately 1,360 sq. ft. of comfortable living in a central North County location. Inside, high ceilings and rich real wood floors create a warm, welcoming feel, complemented by granite countertops and newer stainless steel kitchen appliances, including a gas range. Additional features include laundry room, central A/C and heating, a tankless water heater, and a RainSoft water system throughout the home. The attached finished 2-car garage provides secure parking, storage, and everyday convenience with direct house access, while the rare full driveway offers valuable extra parking flexibility. Low HOA dues cover exterior maintenance, landscaping, and access to a community BBQ area. Close to shopping, Vista Village restaurants and shops, schools, parks, freeway access, and just a short drive to Camp Pendleton - this home offers a comfortable, low-maintenance Vista lifestyle with the privacy, parking, and outdoor space that make daily living feel relaxed and easy. Built in 2011 and set within Oak Drive Villas, a well-maintained community of just 42 homes, this VA-approved Vista townhome offers comfort, convenience, and low-maintenance living in a central North County location. The home features 3 bedrooms, 2.5 baths, and approximately 1,360 sq. ft. of thoughtfully designed living space. Inside, high ceilings and rich wood floors create a warm, inviting feel, complemented by granite countertops and newer stainless steel kitchen appliances, including a gas range. Additional features include in-unit laundry, central A/C and heating, a tankless water heater, and a RainSoft water system throughout the home. An oversized spacious private fenced front patio/yard offers a outdoor space for morning coffee, plants, pets, or relaxed dining. The attached finished 2-car garage adds secure parking, storage, and everyday convenience, while the rare full driveway provides valuable extra parking flexibility. With low HOA dues that include exterior maintenance and landscaping, plus access to a community BBQ and recreation area, Oak Drive Villas makes daily living easy. Close to shopping, Vista Village restaraunts and shops, schools, parks, freeway access, and just a short drive to Camp Pendleton, this home offers a comfortable Vista lifestyle that feels both convenient and tucked away.
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.
