Welcome to 2918 Viejas View in Alpine, CA – a stunning 3-bedroom, 3.5-bathroom home that offers a perfect blend of privacy, natural beauty, and modern living. Situated on over a half-acre of land, this 2272 sq. ft. residence is nestled in the serene hills of Alpine, boasting panoramic views of the surrounding mountains and valleys. The open floor plan is designed to make the most of natural light, with large windows throughout the home that provide breathtaking views from almost every room. The spacious living room features vaulted ceilings, a cozy fireplace, and easy access to the dining area, creating an inviting space perfect for both relaxing and entertaining. The updated gourmet kitchen includes stainless steel appliances, granite countertops, and a large center island, offering plenty of room for meal prep and casual dining. The master suite is a private retreat, complete with sliding glass doors that open to a deck where you can enjoy the beautiful landscape. It also features a walk-in closet and an en-suite bathroom with dual vanities, a soaking tub, and a separate shower. Step outside into the expansive backyard, where you’ll find a private oasis with a covered patio, and room for outdoor dining and lounging. You will also be delighted to find a 120 sq ft climate-controlled studio space. The backyard is also home to mature fruit trees and fenced-in raised planter boxes, perfect for gardening enthusiasts. The .58-acre lot offers plenty of space for recreation, gardening, or adding additional features such as a guest house or workshop. This home also comes with a range of practical features, including solar panels, dual-pane windows, and central heating and air conditioning, all designed to maximize energy efficiency. The 3-car garage offers ample storage, and there’s plenty of additional space for RV or boat parking. This home provides the peace and tranquility of rural living while still being just minutes from the amenities of Alpine. Major freeways are easily accessible, allowing for quick commutes to San Diego, the mountains, or the desert.
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.
