Welcome to your dream home in the beautiful Country Club area of Yucca Valley! This charming 3 bedroom, 2 bath home is nestled on just under 1/2 acre of meticulously landscaped grounds, offering the perfect blend of comfort and serenity. Upon arrival, you're greeted by a paved driveway leading to an attached 2 car garage, ensuring both convenience and ample parking space. Step onto the covered front porch and marvel at the stunning views. Inside, the expansive family room beckons with its large windows framing picturesque views and a cozy brick hearth fireplace, creating a welcoming ambiance. Soft carpeting underfoot adds a touch of luxury to this inviting space. The kitchen is a chef's delight, boasting tile countertops, stainless steel appliances, and abundant cabinetry for all your culinary needs. Adjacent to the kitchen, the dining room features a grand brick hearth with an indoor BBQ, seamlessly transitioning to the living room where you will find another fireplace on the side. The living room boasts beautiful wood beamed ceilings and French doors leading outside. Convenience meets functionality in the laundry room, complete with a second fridge for extra food and drink storage. The two guest bedrooms offer ample space and closet areas, while the guest bath features elegant tile countertops and a tiled tub/shower combo. Retreat to the generously sized primary bedroom, featuring its own attached bath for added privacy and comfort. Outside, the fenced backyard invites relaxation and entertainment with its breathtaking views, covered concrete patio, second brick patio, and a lush grassy area, perfect for kids and pets to play. With central heating and cooling ensuring year-round comfort, this home offers the ultimate in California desert living. Don't miss your chance to make this dream home yours! Schedule a showing to see this beauty for yourself.
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.
