Stunning 5Bedroom 4Bathroom Home with Private Gen Suite in Audie Murphy Ranch. Welcome to this beautifully upgraded home tucked away in a quiet cul-de-sac in the highly desirable Audie Murphy Ranch community. Arrive and you’ll notice the low-maintenance, drought-friendly front yard with artificial turf and concrete steps, setting the tone for the thoughtful upgrades found throughout the home. Step inside to a welcoming foyer and gorgeous RevWood Select waterproof laminate flooring that flows throughout the main level. To the left, you’ll find a fully self-contained gen suite with its own private entrance—perfect for multi-generational living, rental income, a home office, or a college student apartment. This versatile space includes a bedroom, private bathroom, office or living area, kitchenette with sink and refrigerator, and a laundry or dry-cleaning closet with washer/dryer hookup. Continue down the hallway to the heart of the home: a bright, open-concept living area seamlessly connected to the kitchen. The kitchen features stainless steel appliances, an oversized island with ample counter space, upgraded backsplash, and a spacious walk-in pantry—ideal for entertaining and everyday living. On the right side of the main floor, you’ll also find a generously sized bedroom and a full bathroom, perfect for guests. The backyard is designed for relaxation and entertaining, complete with artificial grass and charming stone pathways. Upstairs, a massive loft provides endless possibilities for a media room, game room, or additional living space. You’ll find three additional bedrooms and two bathrooms, along with a conveniently located large laundry room featuring a folding table and plenty of storage. The grand primary suite offers a spa-like bathroom with dual sinks and a stunning walk-in closet. Plush upgraded carpet runs throughout the second floor, while bathrooms and the laundry room showcase upgraded tile flooring. Plantation shutters adorn the windows, adding both style and privacy. This home is energy-efficient with 20 Sunrun leased solar panels plus 10 additional Mosaic solar panels that will be paid off at close of escrow. Audie Murphy Ranch amenities include walking trails, pools, a spa, picnic areas, table tennis, cornhole, and an impressive clubhouse. Ideally located near parks, schools, shopping, and just a short drive to Temecula Valley wineries, dining, resorts, casinos, golf courses, and major freeways—this home truly has it all.
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.
