Set along the 8th fairway of The La Quinta Country Club, The Love Residence occupies one of the club's most coveted waterfront settings--where lake, fairway, and mountain views converge to create a rare sense of openness, privacy, and quiet.Completely rebuilt and reimagined with an emphasis on quality, integrity, and long-term livability, the residence reflects the architectural influence of Barry Berkus--blending timeless Santa Barbara design with modern infrastructure and ease.Natural light defines the interiors, where generous proportions and finely crafted architectural details create a seamless connection to the outdoors. Custom French doors and divided-light windows invite soft, diffused light throughout, reinforcing a sense of warmth and understated elegance. A sequence of spaces unfolds from the central courtyard to the covered veranda, overlooking the pool, water, and fairway beyond--designed as much for everyday living as for effortless entertaining.The primary suite serves as a true retreat, oriented to capture the home's most compelling views and complemented by a sitting area, fireplace, and dual walk-in closets. Guest accommodations are well-separated, while an expansive office or media room offers flexibility for work, leisure, or additional hosting.The kitchen, informal dining, and bar areas integrate naturally with the outdoor environments, anchored by custom cabinetry and tailored millwork that reflect a level of craftsmanship rarely found in today's renovations. The original detached casita has been thoughtfully incorporated into expanded garage and storage space, with the option to re-establish a private guest suite if desired--offering flexibility for evolving needs.What ultimately distinguishes the property is its setting. Expansive water frontage, mature landscaping, and unobstructed mountain views create a level of serenity rarely available--even within the most established clubs.Located moments from La Quinta Resort & Club, Old Town La Quinta, Indian Wells Tennis Garden and with convenient access to Thermal Airport, the home balances privacy with accessibility for both seasonal and full-time living.A rare opportunity to acquire one of the most desirable waterfront positions within The La Quinta Country Club--thoughtfully reimagined for today, and unlikely to be replicated.
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.
