Welcome to 9869 Aldergrove Lane — where privacy meets style. Tucked away on a quiet street of just 11 homes, within Sweetwater Village I (only 21 total residences), this home offers rare exclusivity without the congestion of larger neighborhoods. As the last home on the street, enjoy direct access to a spacious grassy community area that feels like an extension of your own yard. Over $60,000 in thoughtful owner upgrades elevate this home to magazine-worthy status. Step inside to a light-filled great room featuring a stone-accent fireplace and custom built-in cabinetry, perfect for a home office, study, or curated display. A neutral color palette makes this home truly move-in ready. The kitchen charms with a new stove and oven, stylish two-tone cabinetry with custom handles, and glass-front displays—designed for both everyday living and entertaining. Out back, host effortless gatherings under the newer patio cover, enjoy low-maintenance turf landscaping, and harvest from your own garden box with organic soil. Upstairs offers three bedrooms, including a primary suite with his-and-hers closets The wraparound balcony for indoor-outdoor living for days you want to enjoy fresh air and take in the San Diego sun. Conveniently located near shopping, dining, freeway access, and just minutes from San Diego’s waterfront, bay views, and iconic attractions—yet peacefully removed from busy, condensed neighborhoods. Move-in ready with no seller replacement contingency. A rare opportunity—secure your private appointment today showings begin February 25, 2026.
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.
