Welcome to a true backyard paradise in the heart of Corona! From the moment you arrive, this incredible home makes a lasting first impression with its charming front porch, elegant custom wood entry door, and inviting curb appeal. Step inside and discover a spacious home designed for both comfortable living and unforgettable entertaining. Inside, you’ll find soaring ceilings, abundant natural light, and an open-concept floor plan that flows beautifully throughout the home. The upgraded kitchen is the perfect gathering place for family and friends, while large windows showcase stunning views of the backyard oasis. The backyard is truly the crown jewel of this property — your very own private resort! The magnificent rock-accented pool and spa create a luxurious atmosphere that feels like a vacation every single day. Imagine relaxing in the spa as you watch breathtaking sunset skies light up the evening, or hosting unforgettable summer pool parties in this entertainer’s dream yard. The expansive covered & lattice patio provides an incredible amount of shaded outdoor living space, perfect for outdoor dining, family gatherings, game nights, and year-round entertaining. The oversized lot offers endless possibilities with wide open spaces for kids to play, pets to roam, or future outdoor additions. There’s even plenty of room for lounging, basketball, backyard games, and creating memories with family and friends for years to come. As the sun sets, the backyard transforms into a peaceful retreat with glowing pool lights, mature landscaping, and a tranquil atmosphere that feels both private and luxurious. Located in the highly desirable Horsethief Canyon Ranch community, residents enjoy resort-style amenities including sparkling community pools, clubhouse, fitness center, parks, tennis courts, playgrounds, walking trails, and scenic mountain views throughout the neighborhood. And for those 4-legged friends of ours Welcome to the Bark Park! ??Tucked away for residents-only. Designed with safety as a top priority, this fully fenced haven features a secure double-gated entry, allowing your pup to roam and race completely off-leash. To keep playtime stress-free, the park offers distinct, dedicated zones for both large and small dogs. Plus, we’ve got you covered on the essentials enjoy on-site water fountains, shaded seating to relax in, and complimentary waste bags. It’s the ultimate neighborhood spot for happy tails and tired paws.
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.
