11462 Wie Ct, Beaumont, CA 92223
3 beds · 2 baths · 1,811 sqft
*Assumable FHA at 3.62% possible* TURNKEY, move-in ready single-story 3-bedroom 2-bath in prestigious FAIRWAY CANYON with only a few short street turns off the I-10 Freeway to what feels like, a model home! Newly built in 2018, this home has recent UPGRADES so you can move-in and enjoy modern comfort inside with ENERGY EFFICIENT living, and DROUGHT TOLERANT low maintenance outdoors. Located on a quite CUL-DE-SAC with a LONG DRIVEWAY, this home boasts plenty of natural light, high ceilings, recessed lighting, remote ceiling fans, laminate wood floors and wood shutters; with plush carpeting in every bedroom. With a mostly open floor plan, the LARGE KITCHEN features all white cabinetry, granite countertops, an oversized CENTER ISLAND/BREAKFAST BAR, stainless steel/black appliances and pantry. Perfect for entertaining, the kitchen and great room lends plenty of space for adding those small niche areas you love to have. There is a dedicated LAUNDRY/MUD ROOM that leads to a 2-car attached garage for added convenience. The primary suite includes a walk-in closet, shower and double sink. Two bedrooms are located on the opposite end of the home with a full bathroom, for added privacy. You'll love the beautiful look of the new ARTIFICIAL TURF in both the front & rear yards complimented by a backyard lighted CALIFORNIA ROOM covered patio and built in BAR; all surrounded with concrete hardscape and vinyl fencing. Existing RING DOORBELL and CAMERA are already installed. The HOA includes PAID INTERNET and RESIDENT ONLY ACCESS to the Canyon Club located within walking distance, with amenities for the whole family - CLUBHOUSE, 2-POOLS, SPA, KIDS SPLASH PAD, FULL GYM and PLAYGROUND. The Fairways provide several nearby sports parks, picnic areas, walking paths, dog park and playgrounds. Only a short minute drive and you can enjoy PGA of SO CAL MORONGO GOLF CLUB at TUKWET CANYON with 36-holes of golf and restaurant. Equipped with installed SOLAR and a TESLA CHARGING STATION, energy efficiency and reduced utility costs are passed on to the new owner. Only a few blocks away from a new shopping center and a short drive to other favorited places of leisure. Request a tour today and be at the pools just in time for Summer!
Source: CRMLS #IG25030282
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: CRMLS #IG25030282
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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.
How do I qualify for an assumable mortgage?
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 of Equal Opportunity Act.