Stunning Executive Home in Desert River Estates! Located in one of Indio's most sought-after gated communities, this exceptional residence blends modern luxury, high-end upgrades, and everyday comfort--just minutes from the Empire Polo Grounds, home to Coachella and Stagecoach. A gated front courtyard and lush, manicured landscaping create an inviting first impression. Double entry doors open to a spacious interior filled with natural light and elegant details, including crown molding, recessed lighting, tile flooring, and a soothing neutral palette. The open floor plan flows effortlessly between living, dining, and kitchen areas, perfect for entertaining or relaxing with family. The living room features large picture windows framing views of the backyard paradise, while the chef's kitchen offers rich wood cabinetry, granite counters and backsplash, a large center island with breakfast bar seating, and stainless steel appliances. The adjacent formal dining room is ideal for hosting dinners and special gatherings. All bedrooms are generously sized with beautiful wood flooring. The primary suite is a luxurious retreat featuring a private ensuite bath with dual vanities, soaking tub, oversized walk-in shower with bench seating, and a large walk-in closet. A private slider opens directly to the backyard for tranquil morning coffee or late-night dips in the spa. Two additional guest suites provide privacy and comfort for family or visitors. Step outside to your resort-style backyard oasis--a stunning escape designed for both relaxation and entertainment. Enjoy the sparkling pool and spa, tropical landscaping, and a spacious covered patio with ceiling fans and a built-in BBQ bar for alfresco dining. Two large grassy side yards offer space for play, pets, or future projects, while two powered storage sheds--each equipped with mini-split A/C units--provide versatile workspace or climate-controlled storage. The attached 3-car garage offers ample room for vehicles, a golf cart, and desert toys. Ideally situated near world-class golf courses, shopping, dining, and the vibrant Polo Grounds, this home is perfect as a primary residence, vacation retreat, or lucrative seasonal rental. Come experience the best of desert living in Desert River Estates--where luxury, lifestyle, and location unite to create the perfect backdrop for a lifetime of memories.
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.
