BACK ON THE MARKET AND BETTER THAN EVER AS OF JUNE 9TH! This is a true showstopper in the highly sought-after Four Seasons of Hemet 55+ gated community. Situated on a premium cul-de-sac end lot, this beautifully updated single-story home offers stunning mountain views and one of the most impressive backyards in the community. Designed for both everyday living and entertaining, the thoughtfully designed floor plan features a formal dining room, a versatile living room ideal for a home office or den, and an open-concept kitchen with abundant cabinetry, under-cabinet lighting, and island seating. The kitchen flows seamlessly into the family room, highlighted by a gas fireplace and French doors that frame views of the backyard waterfall and lush landscaping. The home features two spacious primary suites, each with its own full bathroom. The main suite includes a therapeutic walk-in jetted tub for comfort and accessibility. Recent improvements include fresh interior paint, wood shutters throughout, LED recessed lighting and LED lighting in fixtures, new toilets and faucets, a new stove and microwave, updated switches and outlets, 18-inch tile throughout that has been professionally cleaned, upgraded irrigation with premium timers and drip system, and a new garage door opener with integrated camera. Custom security screen doors on all exterior doors allow for fresh air and added peace of mind. The covered patio is also pre-wired with 220V service for a future freestanding spa. Step outside and discover what truly sets this property apart. The professionally designed backyard retreat features stamped concrete, wraparound aluminum wood patio covers, lush landscaping, a cascading waterfall, a raised fire pit gathering area, and an impressive custom BBQ island with seating for 10+ guests. Whether hosting family and friends or simply enjoying the beautiful mountain backdrop, this outdoor space is unforgettable. Residents of Four Seasons enjoy resort-style amenities including a pool and spa, fitness center, pickleball and tennis courts, bocce ball, billiards, theater, computer lab, library, salon, bistro, clubhouse, and an active calendar of social events and clubs. Rarely does a home combine premium location, extensive upgrades, breathtaking outdoor living, and amazing community amenities so seamlessly. Don't miss this exceptional opportunity to own one of Four Seasons' most distinctive properties.
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.
