UNPRECEDENTED PRICE IMPROVEMENT -- THE BEST VALUE IN INDIAN WELLSNow dramatically reduced, this is a rare opportunity to secure one of the most compelling lifestyle properties in Indian Wells at an exceptional value. Combining luxury, location, and lifestyle, this residence stands out as one of the best deals currently available in the market.As an Indian Wells resident, enjoy exclusive privileges including discounted golf at the Indian Wells Golf Resort, preferred access to the Indian Wells Tennis Garden, special opportunities during the BNP Paribas Open, and preferred rates at luxury hotels, spas, and fine dining--resort living at its finest, every single day.Located within the gated enclave of Dorado Villas, this beautifully appointed 3-bedroom, 3-bath home offers 2,489 sq ft of thoughtfully designed living space, where elegance meets effortless indoor-outdoor living. Step just beyond your patio into a private, tennis-inspired setting surrounded by lush greenbelts and breathtaking mountain views.Inside, soaring ceilings and an open floor plan create a sense of volume and light, with expansive living and dining areas anchored by a fireplace and a sunken bar with wine cooler--ideal for entertaining. Walls of glass open to a covered patio, perfect for morning coffee, relaxed afternoons, or sunset gatherings.The kitchen is both refined and functional, featuring granite countertops, stainless steel appliances, and generous cabinetry. A sun-filled central atrium adds a unique architectural element, bringing warmth and natural light throughout the home.Each bedroom is a private en-suite retreat, including a versatile guest room with Murphy bed and another with its own entrance and patio--ideal for hosting with comfort and privacy. The primary suite offers a tranquil escape with a walk-in closet and spa-inspired bath.Dorado Villas elevates the experience with nine pools and spas, ten tennis courts, pickleball courts, and beautifully manicured grounds set against stunning mountain backdrops.This is more than a home--it's an extraordinary value and an elevated desert lifestyle, now more attainable than ever.
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.
