Welcome to this beautifully updated home nestled in one of Costa Mesa's most sought-after and beautifully maintained communities. From the moment you arrive, it is clear that this residence offers something truly special a perfect blend of modern updates, comfortable living, and an unbeatable Southern California lifestyle that Orange County buyers dream about. Step inside and immediately feel the difference that thoughtful upgrades make. Brand new flooring flows throughout the home, setting a fresh, contemporary tone that is completely move in ready from day one. The updated bathrooms add a polished, modern touch that today's buyers expect, while the inviting fireplace anchors the living area with warmth and character creating the kind of cozy ambiance that makes coming home feel like a true escape from the everyday. With 3 bedrooms and 2.5 bathrooms spread across 1,418 square feet, this home delivers a smart, efficient floor plan that lives larger than its footprint suggests. Every inch has been thoughtfully designed to maximize comfort and functionality, making it ideal for a first-time buyer ready to plant roots in one of Southern California's most desirable cities or a growing family seeking the perfect place to call home. What truly elevates this property is the lifestyle it delivers. Just steps from the community pool and spa, resort-style living is literally at your doorstep imagine lazy weekend mornings by the water, evening swims under the Orange County sky, and the kind of relaxed California living that most people only dream about. The HOA community is beautifully maintained, pride of ownership radiates throughout, and the neighbors take their community seriously making this a place you will be proud to call home for years to come. Ideally situated in the heart of Costa Mesa, this home places you just minutes from premier shopping centers, top-rated schools, and all the dining and entertainment that makes this city one of Orange County's most beloved addresses. Whether you are a first-time buyer taking your first step into homeownership or a growing family ready to settle into a vibrant, welcoming community 905 Hyde Court is the opportunity you have been waiting for. Priced at $910,000 in the heart of Costa Mesa, opportunities like this do not come around often. Schedule your private showing today before it is gone!
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.
