1243 Salerno Ct, Oceanside, CA 92056
4 beds · 3 baths · 2,284 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home in Oceanside, tucked away at the end of a peaceful cul-de-sac in a highly desirable, central location—just minutes from Camp Pendleton, top-rated schools, parks, shopping, and dining. Situated on a large, pool-sized lot with no rear neighbors, this property offers rare privacy and serene views thanks to a city-owned fire break, greenbelt sprinkler system, and an irrigation canal directly behind the home. Step inside to soaring ceilings and an abundance of natural light that fill the spacious living areas. Lush, well-established landscaping surrounds the home, creating a tranquil outdoor atmosphere year-round. Modern comforts include a newer industrial-grade AC and heating system, a tankless water heater, a smart home thermostat, plus updated CO2 and smoke detectors. The paid-off solar system offers energy efficiency and long-term savings. The primary suite is a true retreat, featuring two walk-in closets, an oversized shower, and a relaxing soaking tub. With both comfort and convenience at every turn, this home is ready to welcome its next owners. Come experience the perfect blend of privacy, functionality, and location!
Source: CRMLS #SW25078956
Source: CRMLS #SW25078956
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.