Energy-efficient living meets modern comfort in this beautifully upgraded home, featuring a fully paid solar system and a Tesla Powerwall—a rechargeable lithium-ion battery that stores energy from solar or the grid, providing reliable backup power and greater energy independence. Designed with sustainability in mind, the property also includes artificial turf and a water-efficient drip irrigation system for low-maintenance outdoor living. This spacious 4-bedroom, 3-bathroom home is nestled in a highly desirable neighborhood with convenient access to the 91, 71 and 15 freeways, making daily commuting a breeze. Step inside to a thoughtfully designed floor plan with defined living spaces that balance comfort and functionality. The home offers a 3-car garage, impressive 12x50 RV/boat parking, and an extended driveway with room for up to four additional vehicles—ideal for those who need extra space. The kitchen features, granite countertops, stainless steel appliances (including oven, microwave, and dishwasher), and a built-in wine cooler—perfect for entertaining. The main level also includes a bedroom and full bathroom, ideal for guests or multi-generational living. Upstairs, a generous loft/bonus room provides flexible space for a home office, media room, or play area. All bedrooms are well-sized and equipped with ceiling fans. The primary suite offers a relaxing retreat with a walk-in closet, dual vanities, a separate shower, and a soaking tub. Additional highlights include dual-zone A/C and heating for personalized climate control on each level. The fully paid solar system paired with the Tesla backup battery maximizes efficiency and peace of mind. The backyard is designed for both relaxation and ease, featuring artificial turf, pavers, drip irrigation, a covered patio, gas fire pit, two dog runs, and a storage shed. With no rear neighbors, you’ll enjoy added privacy. Located within walking distance to a neighborhood park and just minutes from shopping and dining, this home also benefits from no HOA and low taxes—making it an exceptional opportunity you won’t want to miss.
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.
