Tucked away at the end of a quiet cul-de-sac in Wildomar’s sought-after Windstone Ranch community, this stunning 5-bedroom, 3-bathroom home sits on a generously sized lot offering the kind of privacy and tranquility that is increasingly hard to find. The cul-de-sac positioning means no through traffic, minimal noise, and neighbors who feel just far enough away. It is the kind of peaceful setting where you actually hear the birds in the morning instead of the street. A charming covered entrance sets the tone from the moment you arrive, featuring a cozy front porch. Inside, the thoughtful two-story floor plan offers flexibility for families, guests, or work from home needs. The flooring has been beautifully done, with tile covering the entire downstairs, newly installed carpet on the stairs, and laminate flowing throughout the upper level. Plantation shutters throughout give every room a clean, polished look with perfect control over light and privacy. The family room is anchored by a gorgeous, stacked rock fireplace that brings warmth and character to the space and is wired for surround sound, so movie nights and game days hit differently. The kitchen is equally impressive, featuring stainless steel appliances and a double oven that makes holiday cooking and everyday meal prep equally enjoyable. Downstairs you will find a bedroom and full bathroom, perfect for your guests or home office. The primary suite is a true retreat, complete with a private balcony where you can start your morning with a cup of coffee and a view, or wind down in the evening with the kind of quiet you desire. Step outside and the backyard becomes your private resort. The stunning pool and spa with beach entry and pebble tech finishing, are as welcoming for little ones as it is luxurious for everyone else. A poolside gazebo gives you a shaded spot to lounge, dine, and entertain no matter the time of day. This backyard has tons of space, a grassy area, chicken coop and room to live your best California life! A back gate opens directly to horse trails, a rare bonus for equestrian lovers or anyone who loves stepping outside onto a scenic trail. The 3-car garage provides ample storage, and solar lets you enjoy those sun drenched Wildomar days without the electric bill to match. Homes this private, peaceful, and complete rarely come around, this one is worth seeing.
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.
