15781 Coral St, Palm Springs, CA 92262
3 beds · 2 baths · 1,458 sqft
Discover the potential of this charming Palm Springs home! Situated on a 6970 square foot lot, this 1458 square foot single story home offers 4 bedrooms and 2 bathrooms, providing the ideal balance of comfort and functionality. The property boasts an attached 2 car garage, amazing mountain views, possible RV parking and attractive curb appeal highlighted by mature trees and low maintenance rock landscape. Upon entering, you will be captivated the open floor plan with laminate wood flooring throughout the entire home. Immediately on your left is a bedroom boasting laminate wood flooring, decorative walls, a walk in closet and two large windows filling the room with natural light. The spacious living room taking center stage, featuring a cozy wood burning fireplace and an abundance of natural light from the sliding glass door which leads to the backyard. The kitchen boasts abundant cabinetry, generous counter space, and a spacious walk-in pantry for ample storage. While the stainless steel appliances, including a 4-burner stove and oven, microwave and dishwasher, make cooking a breeze. Down the hallway you will find the master suite, additional bedrooms, a bathroom, a separate laundry room and a door providing direct access to the garage. The hallway bathroom features a shower tub combo and a single sink vanity with storage. The master bedroom offers a peaceful retreat, featuring a stylish accent wall, a spacious closet, ceiling fan, and a sliding glass door that fills the room with natural light while providing direct access to the backyard. The master bathroom features a shower tub combo, dual sink vanity with a stylish accent wall, ample counter space and cabinets. The additional bedrooms are equally spacious and comfortable, boasting laminate wood flooring, stylish accent walls, windows, ceiling fans, and closets. Outside, the backyard presents a blank canvas for your personal touches and landscaping preferences. The covered back patio provides a perfect setting for entertaining guests or enjoying outdoor meals. While the low maintenance desert rock landscaping ensures effortless upkeep, the spacious side yard offers possible RV parking, adding extra convenience and versatility. Whether you're looking to create a garden, add a play area, or simply enjoy the open space, this backyard is ready for your vision. The home's location is convenient, with shopping centers, freeways, and highways nearby.
Source: CRMLS #TR25061187
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 #TR25061187
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 of Equal Opportunity Act.