Fully Renovated 3-Bedroom Home in Woodbury Community, A sweet home within master planned Community in Irvine Welcome to this beautifully upgraded ( Almost $300k) home offering approximately 2,026 sq. ft. of elegant and functional living space. Thoughtfully renovated throughout, the home features crown molding throughout the house, polished travertine flooring downstairs, hardwood flooring upstairs and in bedrooms, window tinting for privacy, New HVAC system ( replaced in 2025) , and spa-inspired walk-in showers. Built in work station in the garage and already installed tied shelves for extra storage. The open-concept floor plan is filled with natural light and includes a spacious living room with a cozy fireplace, built-ins, and a formal dining area that opens to a private patio with a gas hookup—perfect for indoor-outdoor living and entertaining. A built-in art niche adds a sophisticated touch. The fully renovated kitchen showcases premium appliances, quartz countertops, designer full backsplash, soft-close cabinetry, and a powerful range hood, making it ideal for family and hosting guests, and walk-in pantry to store your cooking wear and party essentials. The downstairs bedroom offers privacy, dual walk-in closets, and private outdoor access, creating a retreat-like setting with potential for multi-generational living or rental opportunities. A beautifully upgraded bathroom with a walk-in shower is conveniently located nearby. Upstairs features a versatile office or recreation space, an additional bedroom, a laundry room, and a spacious primary suite with separate vanities and a three-tier walk-in closet. The luxurious primary bath includes a soaking tub, rain shower, and modern finishes for a spa-like experience. Peaceful park and tree views enhance the relaxing atmosphere. One of the home’s standout features is the multiple private outdoor spaces connected to the dining area, kitchen, and downstairs bedroom—ideal for entertaining, morning coffee, or quiet evenings outdoors. Residents enjoy resort-style Woodbury amenities, including 7 pools, 14 parks, playgrounds, sports courts, and access to the Jeffrey Open Space Trail. Conveniently located near award-winning schools, shopping, dining, fitness centers, and entertainment, this home offers the best of Irvine living. A rare opportunity to own a meticulously renovated and attention to detailed home in one of Irvine’s most desirable communities! Hurry, this won't last.
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.
