REDUCED PRICE!!!! Welcome to 6309 Caminito Salado – Your End-Unit Gem in Friars Village! No one above or below you – complete privacy! Paid solar system – energy savings from day one! Private balcony with stunning nightly SeaWorld fireworks views! Move-in ready – just bring your personal touches! Located less than 2 miles from San Diego’s pristine beaches and just minutes from Fashion Valley, SDSU, Snapdragon Stadium, and some of the city’s best shopping, dining, and entertainment, this home offers the perfect combination of convenience and lifestyle. Enjoy scenic strolls along the San Diego River Trail, quick access to Downtown, and nearby beach communities. This beautifully updated 3-bedroom, 2-bath end-unit townhome is nestled in the highly sought-after Friars Village community in Linda Vista. Step inside to discover an open, airy layout flooded with natural light, complete with: Stylish upgrades: modern flooring, plantation shutters, granite countertops, and stainless-steel appliances Spacious primary suite: direct patio access to the greenbelt – ideal for morning coffee or quiet relaxation Full-size washer & dryer included for ultimate convenience 2-car attached garage with ample storage Central air & heating for year-round comfort The community amenities elevate your lifestyle: sparkling pool, relaxing spa & sauna, clubhouse with billiards and ping pong, and meticulously maintained grounds. Best of all, water, trash, insurance, and grounds maintenance are included in the HOA – simplifying life for homeowners and investors alike. Friars Village is a vibrant, family-friendly neighborhood known for its well-kept homes and strong sense of community. With shopping, dining, schools, and recreation all just minutes away, you truly have it all. Don’t miss this incredible opportunity to own a rare end-unit townhome in one of San Diego’s most desirable areas. Opportunities like this don’t last long – schedule your showing today and experience all that 6309 Caminito Salado has to offer!
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.
