Welcome to 1619 Croton Street, a stunning Spanish Mediterranean two-story nestled in one of Beaumont's most desirable neighborhoods. The warm stucco facade, clay tile roof, and charming covered front porch create a welcoming first impression that carries all the way through the front door. Step inside to a soaring two-story entry foyer bathed in natural light from transom windows above the elegant staircase. The main level is designed for the way families actually live, flowing seamlessly between a formal living room and a generous open-concept family room, giving everyone room to gather or find a quiet corner. Crown molding and recessed lighting add polished finishing touches throughout. The chef-worthy kitchen is the true heart of the home. A large granite island with seating for four anchors the space, surrounded by gleaming white cabinetry, subway tile backsplash, stainless steel appliances, including a built-in double oven and refrigerator, and pendant lighting that sets the perfect mood. The dining area sits just beyond, with sliding glass doors opening directly to the covered back patio for effortless indoor-outdoor entertaining. A dedicated home office, a full bathroom, and a comfortable bedroom on the main floor make this layout exceptionally versatile, perfect for guests, in-laws, or a quiet work-from-home setup. Upstairs, a spacious loft offers endless possibilities as a media room, playroom, study space, or second family room. The primary suite is a true retreat. A private balcony frames breathtaking mountain and valley views, while the spa-inspired en-suite features dual vanities with a dedicated makeup station, a deep-soaking tub, a glass-enclosed shower, and generous storage. Three additional well-sized bedrooms with scenic views and plush carpet share two full bathrooms, each with dual sinks and clean white finishes. Thoughtful upgrades include a whole-home water softener, leased solar panels to reduce utility costs, and an epoxy-finished garage floor. The covered front porch and back patio make outdoor living a year-round pleasure under the beautiful skies of the Inland Empire. The HOA offers an impressive lineup of resort-style amenities, including three pools, three spas, two BBQ areas, a playground, a basketball court, and a bocce court. With this much to enjoy just steps from home, every day feels like a getaway. Conveniently located minutes from top-rated schools, shopping, dining, and the I-10 freeway.
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.
