Welcome to your private retreat in the beautiful Rancho Belago community in Moreno Valley. Perfectly positioned along the fairways of the Rancho Del Sol Golf Club, this beautifully upgraded home offers rare privacy with no rear neighbors and breathtaking open views. Upon arriving you'll be captivated by the lush tropical landscaping, a charming paved brick pathway, and an elegant double door entry that creates an inviting first impression. Inside, the home is filled with natural light and features elegant plantation shutters throughout most of the home, stunning ceramic wood-look tile flooring, and a thoughtfully designed layout that blends comfort with style. The heart of the home features gorgeous granite countertops in both the kitchen and bathrooms, upgraded cabinetry with soft-close doors and drawers, stainless kitchen appliances, and modern lighting throughout. Bathrooms have been tastefully refreshed with framed mirrors and stylish finishes. The family room is anchored by a custom rock fireplace with a rich wood mantle--perfect for cozy evenings and a true statement feature that sets this home apart. A full bedroom and bathroom downstairs provides flexibility for guests, while the gorgeous staircase adds a touch of elegance. Relax and enjoy a cool evening breeze from your balcony overlooking the golf course greens. Step outside to your own backyard Oasis where a sparkling pool with rockslide and waterfall creates a true resort like experience. Whether you're entertaining or unwinding, the expansive golf course views and lack of rear neighbors create a serene and private atmosphere. Pool vacuum is included with the sale to keep your pool clean and ready to enjoy. Additional features include a 3 car garage with a dedicated workspace and extra storage in the 3rd bay, perfect for hobbies or organization. This home includes a Ring security system featuring 3 exterior cameras, an ecobee thermostat for modern comfort and energy efficiency, and convenient keyless entry. With its premium lot, extensive upgrades, move-in ready condition, with NO HOA and NO Mello-Roos, this home offers the perfect blend of luxury, privacy, and everyday comfort. A rare opportunity to own a standout property in Moreno Valley--don't miss it! SOLAR. Panels are approximately 5 years old and will be fully paid off by the Seller!!
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.
