1508 Sequoia Ln, Vista, CA 92081
4 beds · 6 baths · 3,689 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautiful custom single story home on 1 acre with a pool in Vista! Welcome to your dream home located at the end of a cul-de-sac with no neighbors behind. This amazing home offers a gated front court yard, chef's kitchen with handmade ash wood kitchen cabinets, a 6 burner Kitchen Aid stove, double convection ovens, a large island with vegetable sink, walk-in pantry, quartz counters and chandelier. The flowing open floorplan features soaring ceilings, open beamed ceilings with reclaimed farm barn beams, travertine tile and wood flooring, custom tiled dual F/P, an office with built-in shelving, several French doors, a large laundry room with a sink, 2 A/Cs and 2 hot water heaters. The master suite has French doors to a patio, a lounge area, a huge walk-in closet, a grand bathroom with a soaking tub, separate shower, dual sinks and a chandelier. All bedrooms are en suite with walk-in closets. Entertain or relax in your private backyard oasis that has it all! Boasting a solar heated salt water pool and spa, a bathroom and outdoor shower, a gas log raised fire ring, pizza oven, patio areas, a covered patio with 200 year old barn beams, a cute studio with full kitchen and dual closets, a shed and 3 separate fenced yards with views of the countryside. Garden enthusiasts will love the orchard with fruit trees and raised garden boxes. Plenty of parking with a detached oversized 2-car garage and a workshop with electricity and a roll up door, RV parking and plenty of room for all your toys. Ideally located on a private road near restaurants, shopping, breweries and HWY 78. Experience the wonderful, temperate climate of Vista and only 7 miles to the beach!
Source: CRMLS #NDP2503753
Learn about how it works
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
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #NDP2503753
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.
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.
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.