Mountain Retreat with Pool, Privacy, Exposed Beams & Scenic Views Near Yosemite in Coarsegold Enjoy the feel of a true mountain escape in Yosemite Lakes Park with this move-in ready custom home on 1.66 private acres, complete with a pool, spa, and scenic views. Located under an hour from Yosemite National Park and just 40 minutes to Fresno, this property offers the perfect balance of seclusion and convenience. From the moment you step inside, you'll notice the vaulted tongue-and-groove ceilings, stunning redwood beams, and abundant natural light that create a warm, inviting space with true custom character. The open-concept living area centers around a cozy wood-burning stove, perfect for relaxing or entertaining. The updated kitchen features: Butcher block countertops Brick backsplash Copper accents throughout Spacious walk-in pantry With 4 bedrooms and 2 bathrooms, this home offers a flexible layout ideal for families, remote work, or guests. Two bedrooms and a full bath are conveniently located downstairs (one currently used as a gym), while upstairs you'll find two additional bedrooms, each with a private balcony and incredible views, plus a beautifully updated bathroom with a custom stone shower. Outdoor living is where this home truly shines: Private in-ground pool and spa Gently rolling 1.66-acre lot Peaceful setting with added privacy from neighbors Recent upgrades to the home include: Newer electrical panel with generator hookup Rinnai tankless water heater Newer garage door The oversized attached garage provides ample space for tools, toys, or workshop needs, plus additional laundry hookups. Whether you're looking for a full-time residence, mountain retreat, or investment opportunity near Yosemite, this home offers a rare combination of custom design, modern updates, and lifestyle appeal. Schedule your private showing today--homes like this in Yosemite Lakes Park don't come around often.
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.
