MORE PICTURES AVAILABLE UPON REQUEST ~ GOLF COURSE VIEW • TURNKEY • NO CARPET • ROOF 2020 – Vera Cruz Model in The Village of LA Reynalda! Welcome to this beautifully maintained 3BR/2BA BLOCK & STUCCO Vera Cruz model offering 1,932 sq ft of comfortable living, perfectly positioned on the Mira Mesa Executive Golf Course with peaceful views from the brick paver patio. This home is offered TURNKEY, making it move-in ready and ideal as a full-time residence, seasonal getaway, or investment opportunity. A golf cart is available separately, giving you instant access to everything The Villages has to offer. Step inside to find HIGH CEILINGS, abundant natural light, and a thoughtfully designed layout featuring LUXURY VINYL PLANK flooring throughout the main living areas and bedrooms and CERAMIC TILE in the kitchen, foyer, laundry room, and bathrooms—NO CARPET! The spacious living room is enhanced with CROWN MOLDING, PLANTATION SHUTTERS, and an updated ceiling fan, creating an inviting space for both relaxing and entertaining. The kitchen is a standout with extensive cabinetry and extra storage, perfect for those who love to cook and stay organized. Just off the kitchen, the inside laundry room includes a sink and additional cabinets for convenience. The primary suite is a true retreat featuring TWO WALK-IN CLOSETS with custom shelving and a spacious ensuite bathroom complete with DUAL SINKS, TILE FLOORING, WALK-IN SHOWER, SEPARATE GARDEN TUB, and a private water closet with pocket door. The two guest bedrooms are thoughtfully positioned on the opposite side of the home and share a conveniently located bathroom with a walk-in shower, offering comfort and privacy for guests. Enjoy outdoor living with a SCREENED FRONT PORCH and a beautifully refreshed garden, all while taking in the serene golf course setting. Additional features include a DOUBLE CAR GARAGE and a welcoming entry with a coat closet. BOND PAID. Ideally located near the Chula Vista Rec Center, Mira Mesa Executives golf course, multiple pools, and just a short golf cart ride to shopping, dining, and entertainment, this home truly offers the best of The Villages lifestyle.
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.
