Introducing a refined statement of modern luxury in the prestigious community of Escaya in Chula Vista. This exceptional newer construction home offers 4 bedrooms, 4 bathrooms, and approximately 3,176 square feet of thoughtfully curated living space—situated on one of the largest and most desirable lots in the community. Light-filled interiors and wide-plank luxury flooring set the tone, while the open-concept layout is anchored by a custom entertainment feature wall with a statement fireplace. The chef’s kitchen showcases top-tier appliances, granite countertops, and an oversized island designed for both function and style. A private main-level bedroom with full bath offers flexibility for guests or multigenerational living. Upstairs, an expansive loft creates a secondary living space ideal for a media lounge or office. The primary suite is a true retreat, featuring a spa-inspired bath with dual vanities, an oversized walk-in shower, and a spacious walk-in closet. The backyard is designed for elevated outdoor living with a pergola and market lighting, all set against a protected open-space preserve—offering unobstructed, permanent views and exceptional privacy. Additional highlights include a 3-car garage, owned solar, fresh interior paint, and smart home features including dual Nest thermostats, security system, and Bluetooth irrigation. Residents enjoy exclusive access to Escaya’s premier lifestyle amenities, including resort-style pool, state-of-the-art fitness center, beautifully maintained parks, and the vibrant Village Center with boutique retail and dining—all
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.
