Welcome to your slice of Wine Country paradise—where comfort, style, and privacy come together in this beautifully upgraded TURNKEY 3-bedroom, 2.5-bath home with a spacious loft in the highly desirable Callistoga at the Promontory community. Backing to a peaceful natural hillside and showcasing a stunning landscaped backyard, this move-in-ready home offers the perfect blend of tranquility and indoor-outdoor living. This exceptionally well cared for 1,864 sq ft residence, built in 2018, features “Cortona Argamasa” laminate flooring, berber carpet, plantation shutters, ceiling fans, and custom solar shades. The open-concept layout seamlessly connects the kitchen, dining, and living areas, while oversized sliding glass doors fill the space with natural light and highlight the backyard retreat. The kitchen is a standout with white shaker cabinetry, granite countertops, stainless steel appliances, pendant lighting, and an oversized island with seating. Upstairs offers spacious secondary bedrooms, a shared bath with dual sinks and upgraded “Powder to Piedrafina” counters, and a private primary suite with dual vanities, soaking tub, and separate shower. The versatile loft provides ideal flex space for an office, guest room, or media area. An upstairs laundry room adds convenience with “White Matte Cultured Marble” counters, shaker cabinetry, and an upgraded Maytag washer and dryer. Additional highlights include a Nest thermostat, Rinnai tankless water heater, LifeSource water filtration system, Aladdin Connect garage access, epoxy garage floors, overhead SafeRacks storage, rain gutters, fresh paint, and a Sunbrella front awning. The professionally landscaped backyard (2025) features new irrigation, lush privacy plantings, an oversized color-stamped concrete patio, alumawood cover with ceiling fan and lighting, and a wraparound stone wall—perfect for relaxing or entertaining. Ideally located in Temecula Valley Wine Country, home to nearly 50 wineries, and just minutes from Old Town Temecula’s popular dining, shopping, breweries, and year-round events. Enjoy nearby parks, scenic walking trails, and a welcoming community atmosphere, all within a highly regarded school district and close to convenient shopping and medical facilities. This home truly delivers the perfect blend of comfort, convenience, and elevated Southern California living.
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.
