An extraordinary offering in the heart of Riverside’s coveted Citrus Heights community — a residence where thoughtful design meets elevated living. This stunning 7-room, 5-bath home is perfectly situated on a generous nearly 15,000 square foot lot, offering 180-degree unobstructed views that create a breathtaking backdrop for everyday life and limitless possibilities. Two luxurious primary suites provide versatility and comfort, including a rare main-floor primary — ideal for multi-generational living or private guest accommodations. With three bedrooms on the main level, the layout feels both intuitive and welcoming for large families. The heart of the home has been beautifully upgraded, highlighted by a chef’s kitchen with premium finishes and a spacious walk-in pantry. Throughout the house, imported fixtures from Dubai elevate each space with distinctive global style, while upgraded flooring and plantation shutters create a seamless blend of elegance and durability. Fresh, neutral interior paint completes the look, making this home move-in ready. The residence boasts 3 en-suites in total ensuring privacy and ease for multiple residents and guests. The expansive 3-car tandem garage provides abundant space not just for vehicles but also for hobbies, storage, or even a dedicated home gym. Outside, the expansive grounds invite you to unwind where panoramic views stretch as far as the eye can see. Whether you’re hosting sunset gatherings or savoring quiet mornings with coffee, this is outdoor living at its finest. The community enhances the experience further with scenic hiking trails, playgrounds, and picnic areas — bringing nature and recreation right to your doorstep.
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.
