2 BEDS + BONUS ROOM | POOL VIEWS | ATTACHED GARAGE | This stunning condo delivers an elevated lifestyle where comfort, style, and everyday convenience come together seamlessly. From the moment you step inside, you’re greeted by soaring cathedral ceilings and an abundance of natural light that fills the home with warmth, creating an inviting and uplifting atmosphere throughout. The spacious Living Room is ideal for relaxing or entertaining, while a dedicated dining area sits perfectly between the living room & kitchen—creating an effortless flow for both everyday meals and hosting guests. The chef-inspired Kitchen is as functional as it is beautiful, featuring gleaming granite countertops, generous cabinetry, and breakfast bar seating ideal for casual mornings or lively conversations. A direct access door to the patio enhances the indoor-outdoor flow, making al fresco dining and weekend BBQs feel like a natural extension of your living space. Upstairs, the Primary Suite serves as a tranquil retreat with a spa-like Ensuite Bathroom complete with a deep soaking tub, dual vanities with granite countertops, a walk-in shower, and a spacious walk-in closet. A well-sized secondary Bedroom and Bathroom with a shower/tub combo provide comfort and flexibility for guests or family. A convenient downstairs powder room enhances functionality for entertaining. The added convenience of an upstairs laundry area simplifies daily living, while a versatile bonus room offers endless possibilities—whether you envision a gym, creative studio, or additional lounge space. Step outside to your private courtyard, a charming escape perfect for sipping morning coffee, hosting intimate gatherings, or simply unwinding under the California sky. Additional highlights include a desirable two-car attached garage, offering both convenience and extra storage, along with modern upgrades such as a WiFi-enabled garage door opener and a Nest WiFi thermostat. Residents enjoy access to resort-style amenities including a sparkling pool and spa, BBQ area, gated playground, and a dog park—designed to enhance a vibrant and connected lifestyle. Enjoy being near Target, dining destinations, scenic parks, multiple golf courses, Starbucks, the 241 and 5 freeways, and the dynamic Irvine Spectrum. This is more than a home—it’s a lifestyle defined by ease, elegance, and endless opportunity to enjoy the best of Southern California living.
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.
