Welcome to your private retreat in the peaceful rural community of Valley Center, offering sweeping 360° views and endless possibilities. This move-in-ready 4-bedroom + bonus room, 3-bath home features 3,114 sq. ft. of living space on a remarkable 6.29-acre lot with multiple flat, usable areas—ideal for those seeking space to grow, build, or enjoy outdoor living. Pack up the Kids, Animals (large and small) and utility Vehicles there is room for it all plus more. Thoughtful upgrades and modern features set this home apart, including fully paid solar (44 panels, 12.32 kW), a Tesla car charger, a sparkling saltwater pool, fresh interior paint, new LVP flooring, updated wood siding, and more. Inside, the functional split-level floor plan offers generous living spaces. The main level highlights an expansive kitchen with island seating, freshly painted cabinetry, recessed lighting, crown molding, and abundant storage. A large open pantry and flex space off the kitchen provide even more cabinetry and direct access to the garage, patio, and pool. The adjacent dining area is perfect for family meals or entertaining. A spacious 5th bedroom/bonus room (currently within the garage area) offers excellent versatility and can be easily converted back to a 3-car garage if desired. Step down into the sunken living room featuring a striking stone fireplace, new luxury vinyl plank flooring, ceiling fans, and access to both the backyard and side yard, the original ceiling was open beam and can be reopened if new owner prefers. The backyard is an entertainer’s paradise with a saltwater pool, pebble-tec finish, flagstone coping, Jacuzzi, and a sunken bar—perfect for hosting or unwinding in your own private oasis. Upstairs, the expansive primary suite impresses with a massive 40' x 28' flexible layout—ideal as two separate rooms, a bedroom with sitting area, or a multi-generational living space. Enjoy spectacular sunrise views from the private deck. Downstairs, three additional bedrooms include a second primary suite with its own en-suite bath, offering comfort and privacy for guests or extended family. Outdoors, the opportunities are truly endless. The 6.29 acres of mostly flat, usable land include two separate accessible levels, perfect for adding a shop, ADU, shed, or storing equipment. There is also potential for a lot split, with a second driveway and access point already in place. With its unmatched land, views, and versatility, this Valley Center property is an exceptional investment and a rare chance to create your dream lifestyle.
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.
