Don’t miss this beautiful Murrieta home featuring 4 bedrooms, a massive loft, seperate Den/office, 3.5 bathrooms, SOLAR, WHOLE HOUSE FAN, LOWER TAXES, NO HOA, and desirable GATED RV parking—all offering space, functionality, and comfort in a prime location. This well-maintained home showcases a versatile floor plan perfect for multi-generational living, entertaining, and everyday convenience. As you enter, you’re greeted by a formal dining room highlighted with rich wood flooring, new carpet throughout and elegant plantation shutters creating the perfect setting for gatherings and special occasions. The adjacent living room features a stunning double-sided fireplace that seamlessly connects to the family room, providing warmth and ambiance to both spaces while enhancing the open feel of the home. The kitchen is truly the heart of the home and is massive in scale, offering granite countertops, a beautiful custom backsplash, stainless steel appliances, gas cooktop, double ovens, and an abundance of cabinetry for storage. Tile flooring flows throughout the kitchen and family eating area, and a spacious pantry adds even more convenience. The layout is ideal for entertaining, with plenty of counter space and room to gather. Downstairs includes a bedroom and a full bathroom, making it perfect for guests or extended family. There is also a convenient half bath for visitors, a dedicated den or office area at the bottom of the stairs and a separate laundry room with direct access to the 2-car garage. Upstairs, the primary suite is generously sized and offers crown moulding, plantation shutters, a large walk-in closet, and a well-appointed bathroom with dual sinks, a separate shower, and a soaking tub. The oversized loft provides endless possibilities for a game room, media room, or additional living space. Two additional bedrooms are spacious and share a hallway bathroom with a shower/tub combination. Step outside to a backyard designed for relaxation and entertaining, featuring an Alumawood patio cover, a long RV parking area, and a jacuzzi therapy spa—perfect for unwinding after a long day. Ideally located near shopping, dining, businesses, award-winning schools, and offering easy access to the 15 and 215 freeways as well as Highway 79 (Winchester Road), this home combines comfort, space, and convenience. A rare opportunity with NO HOA, RV parking, and a flexible floor plan—this is one you won’t want to miss!
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.
