Welcome to Redhawk in South Temecula, where comfort, flexibility, and location come together in one of the area’s most sought-after communities. Located within the Great Oak High School boundary, 32662 Via Perales offers 2,386 square feet of thoughtfully designed living space, including 3 bedrooms plus an oversized upstairs loft that adds exceptional flexibility for today’s lifestyle. Whether you need a media room, game room, home office, second living area, or potential future 4th bedroom conversion, this space gives buyers options that many homes in this price range simply do not offer. Downstairs, the layout feels open, bright, and functional, with a spacious kitchen that flows naturally into the family room, center island seating, and natural light throughout. The home is clean, move-in ready, and designed for both everyday comfort and entertaining. Upstairs, the oversized loft creates a true second living space that can easily function as a media room, office, playroom, game room, or flexible bonus area tailored to your lifestyle. Outside, the backyard offers added privacy with no direct rear neighbors as the property backs to the Redhawk Golf Course, creating a more open and peaceful setting to relax, entertain, or enjoy Southern California evenings at home. Come experience it in person and see for yourself! [[ Continued ... See Supplement for more information. ]] Redhawk remains one of South Temecula’s most desirable neighborhoods, known for pride of ownership, walkable streets, and convenience to nearly everything. The home is walking distance to Great Oak High School and Birdsall Sports Park, and just minutes from Temecula’s award-winning wineries, Pechanga Resort Casino, shopping, restaurants, and easy freeway access. Zoned for Great Oak High School, home to one of California’s most respected International Baccalaureate (IB) programs. Strategically positioned for today’s market and offering a rare combination of space, flexibility, privacy, and location in the heart of South Temecula. Come experience it in person and see for yourself!
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.
