Perched above the 2nd hole of the Shadowridge Golf Course, this beautifully updated 4 bedroom home offers sweeping golf course views from nearly every room in the house. Featuring 2,224 sq ft of open-concept living, the functional floor plan lives like a single-story home with a convenient first-floor primary suite. As you enter through the gated courtyard, you are greeted by a custom, glass front door which showcases the spectacular views of the golf course before you even enter the home. Once inside, the remodeled kitchen is thoughtfully designed with quartz countertops, soft-close cabinetry, a 5-burner Bertazzoni gas range, single bowl farmhouse-style sink, and newer LG appliances including refrigerator, dishwasher, microwave and separate warming drawer. The spacious dining room features vaulted ceilings with a gorgeous 12 ft cluster pendant. The living room is highlighted by a modern fireplace with custom tile surround and a built-in 65" TV - perfect for relaxing or entertaining. Downstairs boasts bamboo flooring throughout, with newer carpet in the upstairs loft and 3 guest bedrooms. Additional features include air conditioning, upgraded lighting, a newer water heater, and freshly painted interior. Step outside to a low-maintenance backyard where you can enjoy your morning coffee or afternoon tea while taking in the views of the tranquil golf course setting. The Sunrise community offers fantastic amenities including a community pool and spa with HOA-covered front yard landscaping and common area maintenance. With quick access to the 78 freeway, this home is located approx. 8 miles from the beach and is within close proximity to shops, restaurants, schools, and of course the beautiful Shadowridge golf course. Nature lovers will appreciate being about 1 mile from Buena Vista Park Pond & Open Space where you can feed the ducks, walk the dog, or enjoy the scenic hiking trails. This home offers the perfect blend of comfort, convenience, and community. Don't miss out, schedule your private showing today!
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.
