You truly can have it all! Welcome to 47298 Twin Pines Road, a bespoke executive residence set on over two-and-a-half rustic acres along the panoramic highway to Idyllwild, just minutes from the city. With more than 3,000 square feet on a single level, this one-of-a-kind retreat combines sophistication and modern luxuries with the freedom and privacy of wide-open rural living. Expansive living areas invite both relaxation and entertainment, while large windows frame the surrounding natural beauty and invite voluminous natural light. Outdoors, youll find room to breathe, recharge, and enjoy the serene landscape that defines this sanctuary. Every space in this home was intentionally fashioned to exude both elegance and comfort. From the moment you enter through the cathedral-ceiling foyer, youre greeted with thoughtful design and elevated custom craftsmanship. A cozy living room highlighted by an alluring contemporary fireplace flows effortlessly into the entertainers kitchen, featuring high-end stainless steel appliances, a spacious island with breakfast bar, and an inviting dining nook. A separate formal dining room with fireplace and an adjoining conversation den create ideal spaces for gatherings. This home offers 5 large bedrooms and 4 full bathrooms, including two expansive private primary suites with oversized walk-in closets and spa-like baths. The main primary also features an intimate retreat, fireplace, dual sinks, vanity, soaking tub, and a walk-in closet to die for. In different wings, three additional bedrooms and two full baths ensure comfort and privacy for family or guests. Outside, panoramic countryside views highlight an entertainers backyard with multiple social stations and a full-length covered patio with recessed lightingperfect for both intimate evenings and larger gatherings. A finished three-car garage with ample storage and a private driveway with reception pad offer plenty of room for vehicles, toys, and entertainment. The surrounding landscape embodies the charm of rural living, framed by ranches, wildlife, and sweeping hillsides. Whether youre seeking a refined getaway or a primary residence that feels like an escape, this distinctive home delivers the perfect balance of elegance and tranquility. Dont miss the chance to experience executive living against the backdrop of wide-open skies.
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.
