10019 Settle Rd, Santee, CA 92071
3 beds · 2 baths · 1,177 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 10019 Settle Rd in the heart of Santee! This inviting 3-bedroom, 2-bath home offers comfort, space, and a prime location near one of the city’s best outdoor recreation spots. Inside, you'll find a bright, functional layout with a spacious living room that flows into the dining area—perfect for everyday living and casual entertaining. Step outside to your private backyard oasis featuring a sparkling pool—ideal for relaxing, hosting gatherings, or enjoying warm summer days. The attached 2-car garage and large driveway provide plenty of parking and storage. Complete with Solar Panels! One of the standout features of this home is its walking-distance access to The Lakes Recreation Area, where you can enjoy fishing, scenic trails, playgrounds, and picnic areas—great for outdoor lovers and families. Located on a quiet street with no HOA and convenient access to shopping, schools, and freeways, this home offers incredible value in a desirable community. Qualified buyers may even be eligible for a discount on today’s mortgage rates, making it an even more attractive opportunity. Please have your agent inquire with the listing agent for more details about a discount in mortgage rates. Don’t miss your chance to make this Santee gem your own!
Source: SANDIEGO #250024046
Source: SANDIEGO #250024046
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.