Welcome to your own magazine-worthy Coastal Farmhouse retreat. Set on two fully usable acres in Paso Robles' rolling countryside. This beautifully maintained home captures the essence of elevated country living with blend of comfort and style, and breathtaking vineyard, mountain range, and countryside views that provide a stunning backdrop to everyday life. Enjoy the serenity of wide-open spaces while remaining just approximately 10 minutes from the wineries, restaurants, shopping, and charm of downtown Paso Robles.A rare find, the property also offers smooth, easy access from the main road, allowing you to enjoy the benefits of country living without sacrificing convenience. Inside, you'll find 3 spacious bedrooms plus a versatile office/flex room designed to adapt to your lifestyle need. A soft, inviting color palette paired with warm coastal farmhouse touches creates an atmosphere that feels instantly like home. Natural light fills the thoughtfully designed floor plan, complemented by dual-pane windows and cozy wood-burning insert perfect for cool Paso Robles evenings.The well-appointed kitchen is both functional and welcoming, featuring concrete countertops, stainless steel appliances, generous storage, a convenient buffet station, and ample space for gathering with family and friends. Just beyond, the bright sunroom provides additional flexible living space and the perfect place to relax, unwind, and take in the ever-changing beauty of the surrounding landscape.Thoughtful improvements provide peace of mind, including designer luxury vinyl plank flooring, a newer roof, septic tank and leach field, dual-pane windows, an energy-efficient heat pump for heating and air conditioning, electric water heater, and solar for added efficiency. Outside, the possibilities are endless. The fully usable acreage includes a large horse corral, covered horse shelter, two storage sheds, a dedicated RV electrical hookup, a 220-volt outlet for a future spa, garden area, abundant space for animals, recreational toys, hobbies, or future projects. 2 double gated entries. One of the property's most cherished features is the lifestyle it offers. Wake up to breathtaking sunrises, savor refreshing evening breezes, and relax beneath star-filled skies. Whether enjoying your morning coffee overlooking the rolling countryside or entertaining family and friends against a backdrop of unforgettable views, this property invites you to slow down and savor the beauty of Paso Robles living.
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.
