Welcome to your privately gated Spanish Hacienda DREAM HORSE RANCH, perfectly located in the epicenter of Temecula’s De Portola Wine Trail, surrounded by renowned wineries and entertainment just moments away! This enchanting estate features PANORAMIC WINE COUNTRY VIEWS, a private pool and spa oasis, remarkable new equestrian facilities, a 3-bedroom/3-bath main residence, attached 3-car garage with additional full bath, and a detached 34’ x 16’ garage ideal for RV or boat storage—all set on beautifully manicured grounds. Perched high on a scenic knoll, the home captures sweeping views of the surrounding vineyards, rolling hills, and countryside. Inside, authentic Spanish architecture and craftsmanship shine with hand-plastered arches, solid hardwood ranch doors, two dramatic wood-burning fireplaces, Saltillo terracotta tile, hand-scraped hardwood floors, custom iron chandeliers, natural wood finishes, and oversized bedrooms with walk-in closets. Designed for entertaining, the private pool and spa retreat is surrounded by expansive covered and open patio spaces, perfect for relaxing, hosting family gatherings, or enjoying unforgettable evenings under the Temecula sky. Equestrian enthusiasts will appreciate the essentially new horse facilities, including a 24’ x 40’ steel barn with two stalls and turnouts, tack room, hay room, and custom wash rack with hot and cold water. The barn features automatic lighting, fans, and a Pyranah fly system. Train and ride with ease in the 62’ round pen and 75’ x 110’ riding arena, both equipped with custom horse footing and automatic sprinklers controlled from the house. The entire parcel has been carefully graded to allow full vehicle, truck, horse trailer, or RV access around the property without turning around, maximizing functionality and access to the RV barn. The property also includes RV hookups with pre-plumbed cleanout. The kitchen offers rustic elegance with custom cabinetry, terracotta tile countertops, and VIKING GAS APPLIANCE. Recent upgrades include a new clay tile roof, new septic drain field, and new AC/heat pump. This meticulously maintained estate blends timeless Spanish Hacienda charm, modern upgrades, outstanding equestrian amenities, and an unbeatable wine country location. A rare opportunity to live the Temecula Wine Country lifestyle—where every sunset brings vineyard views and every day feels like a retreat. Your search ends here- welcome home!
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.
