Experience elevated living in this newer-built single-story home thoughtfully designed with an open-concept floor plan and fully upgraded finishes throughout. From the moment you enter, you’ll notice the carefully curated interior decorator accents that create a modern yet inviting atmosphere ideal for both everyday comfort and stylish entertaining. The family room has extensive natural stone encompassing the fireplace for the “wow factor”, when entertaining. The heart of the home is the beautifully designed custom kitchen featuring an oversized island with integrated stainless steel sink, designer tiled backsplash, abundant cabinetry, and seamless flow into the spacious living and dining areas. Every detail has been tailored for gatherings, from remote controlled window coverings, to plantations shutters in the bedrooms, to light fixtures in each and every room. Celebrations and effortless indoor-outdoor entertaining is a must with this home. This property is loaded with valuable upgrades including fully paid-off solar panels and a paid-off water softener system, EV charging station Level 2, offering both efficiency and long-term savings. Multiple storage sheds provide exceptional utility and organization, while the dedicated workout shed complete with heating and air conditioning creates the perfect private fitness studio, office, or flex space. Step into the fully manicured backyard oasis where resort-style living awaits. Enjoy a sparkling pool, ambient outdoor lighting, travertine flooring and beautifully maintained grounds with fruit trees such as apple, guava, citrus, and even sweet blackberries. The backyard is designed for relaxation and unforgettable evenings with family and friends. A complete two-car garage with a tankless water heater, high ceilings to fit storage overhead and an extended driveway to park your cars/toys. The side yard is complete with colorful roses and newly poured cement to complete the path of the garden. A fire pit seating area will continue the fun in the evenings and keep guests warm and cozy! Located within a desirable gated community close to schools, a playground, shopping, dining, and commuter access, this home combines comfort, convenience, and lifestyle. The city of Rialto continues to attract homeowners with its ongoing growth, improving infrastructure, strong community atmosphere, and proximity to major Inland Empire destinations, making it an increasingly sought-after place to call home.
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.
