* BONUS PARKING PAD PLUS TWO CAR GARAGE * LOW TAX * GATED COMMUNITY * Townhome style condo with only one shared wall and no neighbors above or below. Don’t miss this rare opportunity to own a four bedroom, three and a half bath home in the gated Vista Bella community, showcasing a unique and versatile floor plan. The main level welcomes you with an oversized, light-filled great room featuring plantation shutters and a seamless flow between the living, dining, and kitchen areas. The kitchen boasts granite countertops, ample cabinetry, stainless steel appliances, a spacious walk-in pantry, and an oversized island with barstool seating. A convenient half bath is also located on the main level for guests. Upstairs, the second level offers three bedrooms and the laundry room, including the spacious primary suite with two large windows that fill the room with natural light. The primary bathroom features dual sinks, an oversized shower, and a generous walk-in closet conveniently located off the bathroom. Two additional bedrooms are connected by a shared bathroom, designed with dual access doors that provide privacy while maintaining easy accessibility. Heading up to the unique and private, light-filled third level, you’ll discover versatile living quarters perfect for an adult child or private guest, featuring a spacious loft and a bedroom with a full bath, offering mountain views from every window. Ideal for a home office, gym, gaming room, or kids’ play area the possibilities are endless. Charming and low maintenance backyard featuring tall bushes that add a vibrant green atmosphere, a drip irrigation system, a tranquil water fountain, and upgraded concrete patio perfect for relaxing or entertaining. Additional features include a whole house fan & tankless water heater. Conveniently located near shopping including Costco and Target, with easy access to both the 215 and 15 freeways. A rare opportunity you won’t want to miss! *** CHECK OUT THE 3D TOUR ***
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.
