No Open House This Weekend *When building a 5-bedroom 3 bath home from the ground up, this is everything you would include, and it’s already done here for you* Welcome to this beautifully upgraded 2882 Sq Ft Murrieta home where thoughtful design, functionality, and comfort come together. From the moment you arrive, you’re greeted with strong curb appeal, a tile roof, expanded driveway with potential RV parking, and a private courtyard entry with a Serene Water fountain. Inside, enjoy soaring ceilings with recessed lighting, skylight accents, & an open layout filled with natural light. The living and dining areas feature crown molding, a cozy fireplace, new vinyl windows, and upgraded window shades, creating a warm yet elevated feel. The remodeled kitchen is the heart of the home, offering spacious custom cabinetry, soft-close drawers, gorgeous quartz countertops, a dedicated coffee station, recessed lighting, stainless steel appliances, double ovens, reverse osmosis filtration, and a large center island perfect for entertaining. Crown molding flows throughout the home, adding a refined finish. The family room with fireplace opens seamlessly to the backyard, ideal for everyday living. Upstairs, the spacious primary suite offers a relaxing retreat with additional built-in closets. The fully remodeled bathroom features stunning tile work, quartz finishes, a rain shower head, dual vanities, updated fixtures & a Barn door. A catwalk hallway, leads to three additional spacious bedrooms and a full bath with dual sinks and a tub/shower combination. All rooms are equipped with Cat 5 wiring. Major upgrades include 24 solar panels, 220V for two EV hookups, whole house water softener, recessed lighting throughout, new vinyl windows and sliding doors, wood shutters, a whole house fan, and two quiet LiftMaster garage door openers. Step outside to a private backyard featuring a covered patio with 4 fans, custom covered BBQ area, and a 6-person covered jacuzzi that will remain. Several mature fruit trees add charm and function to the space. Additional highlights include a 3-car garage, NO HOA, and true pride of ownership. Conveniently located within walking distance to schools, shopping, and a park across the street where you can enjoy outdoor activities and 4th of July fireworks. Just minutes from the freeway. Move-in ready and designed for modern living!!!
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.
