1932 Corte Verbena, Chula Vista, CA 91914
5 beds · 5 baths · 3,811 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Exquisite 5-bedroom, 4-bathroom home is nestled on a prime corner lot, offering ample space with a 3-car garage and an oversized driveway. As you enter, you're greeted by a grand spiral staircase that serves as the centerpiece, accompanied by an open-concept formal dining area leading to a cozy sitting patio. The main level also features a private office and guest room with bathroom. Upstairs, you'll find three generously sized secondary bedrooms, two of which share a Jack and Jill bathroom and a large loft. The expansive master suite is a serene retreat, with enough space to include a comfortable seating area. The kitchen is a chef's dream, equipped with top-of-the-line stainless steel appliances, a bar-height counter, and an oversized island with a granite countertop, perfect for casual dining in addition to the formal dining area. This energy-efficient home boasts 24 fully paid-off solar panels, ensuring cost-effective living. The backyard is an entertainer's paradise, complete with a covered patio for relaxing on hot summer days, an outdoor BBQ island featuring a 5-burner Urban Island grill with rotisserie, a side burner, and a refrigerator with a gas stub. Take the stairs up the slope to experience breathtaking sunset views of the surrounding mountains, with enhanced views of Loma and the Pacific Ocean on clear days. The property also features drought-resistant landscaping throughout. Conveniently located near top-rated schools, dining, shopping, golf courses, pickleball courts, community pool & gym and with easy access to Hwy 125, this home offers the perfect blend of luxury, comfort, and convenience.
Source: CRMLS #PT25054762
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 #PT25054762
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.