1138 De Leon Dr, Chula Vista, CA 91910
2 beds · 2 baths · 1,025 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Bolero at Rancho Del Rey in Chula Vista! This beautifully upgraded 2-bedroom, 2-bath condo offers 1,025 sq. ft. of comfortable living space, each bedroom featuring a spacious walk-in closet. The modern kitchen shines with quartz countertops, a stunning backsplash, stainless steel sink and appliances, new oven and microwave, and sleek new cabinetry. Enjoy stylish touches throughout including custom interior paint, luxury vinyl plank flooring, and plantation shutters. Step outside to your private balcony—perfect for morning coffee or evening relaxation. The attached single-car garage includes overhead storage and in-unit laundry hook-ups, with direct access to the entry level. Upstairs, the open-concept living area welcomes you with natural light and inviting design. Enjoy community amenities such as a pool, spa, and nearby parks, all with easy access to top-rated schools, shopping, dining, trails, and freeways. A wonderful opportunity in one of Chula Vista’s most desirable neighborhoods!
Source: SANDIEGO #250022621
Source: SANDIEGO #250022621
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.