Set on an expansive 19,000 sq ft lot, this Yucaipa property offers a rare blend of space, character, and intentional detail throughout. From the moment you arrive, the home makes an impression with lush landscaping, a welcoming entry, and thoughtfully curated touches that reflect a level of care that sets the tone for the rest of the property. Behind the character, major system upgrades - including upgraded electrical, updated plumbing, and a tankless water heater - add a layer of confidence that’s just as important as what you see. Inside the 3 bedroom and 1 bathroom home, the design leans into a warm, rustic charm, balanced by clean updates and a layout that flows with ease. The living spaces feel open yet grounded, anchored by a statement fireplace, thoughtfully incorporated tile detailing and a barn door that add both function and design. Natural light moves effortlessly through the home, creating a bright, comfortable environment that feels warm and livable. The kitchen carries that same balance of warmth and functionality. Centered around a custom and moveable island and complemented by an 8-burner statement range, it’s designed for practical living while still feeling distinct. What truly sets the property apart is the outdoor experience. The backyard is expansive and highly usable, highlighted by a covered pergola that naturally extends the living space outdoors and is ideal for entertaining, dining, or simply unwinding near the large, peaceful fountain. Beyond that, the grounds offer flexibility that’s increasingly hard to find, with ample room to expand, add structures, garden, or create something entirely your own. Practical additions like RV electrical access, a dump station, and a 230-amp EV charger already support these possibilities. Surrounded by mature trees, mountain views, and a sense of privacy, the setting delivers a lifestyle that feels open, relaxed, and grounded. A newer roof, an updated HVAC system, and leased solar with a backup battery add long-term efficiency and reliability. Engineered plans for a 630 sq ft addition have already been completed and paid for, offering a valuable head start for future expansion. Opportunities like this - where space, thoughtful upgrades, and usability come together - don’t come to market 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.
