Tucked within the sought after enclave of Turtle Ridge, this thoughtfully designed residence offers a refined balance of light, volume, and everyday comfort. From the moment you step inside this three-story townhome, soaring ceilings and expansive windows create an immediate sense of openness, filling the home with natural light and an inviting, easy energy. The main living space is both elevated and welcoming, anchored by a fireplace and seamlessly connected to the dining area and kitchen. Clean lines and a neutral palette carry throughout, complemented by plantation shutters and crown molding that add a polished finish. The kitchen is designed for both daily living and entertaining, with generous storage, stainless steel appliances, and a breakfast bar that naturally draws people in. An outdoor balcony creates the perfect retreat to sip your morning cup of coffee or evening glass of wine. The floor plan offers flexibility with a secondary bedroom and full bath on the main level, ideal for guests, a home office, or a more private living arrangement. Upstairs, a versatile loft creates space for work or relaxation, while the primary suite is thoughtfully positioned as a quiet retreat with an easy, comfortable feel. Move in ready and meticulously maintained, the home allows for an effortless transition without the need for updates or improvements. A direct access two car garage completes the home’s functionality. Living in Turtle Ridge means more than just a beautiful home. Residents enjoy access to resort style amenities including pools, spas, parks, and scenic trails that weave through the natural landscape, creating a sense of calm while still being incredibly connected. Irvine itself is known for its thoughtful planning, top tier schools, and seamless lifestyle. From this location, you are just minutes to major freeways, making commuting simple, while also being close to premier shopping destinations, dining, and entertainment. World class beaches, the energy of Newport Beach, and the cultural hub of Orange County are all within easy reach. Whether you are familiar with Irvine or discovering it for the first time, this is a place where convenience, design, and quality of life come together in a way that feels both elevated and effortless.
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.
