19500 Chinotto Ln, Riverside, CA 92508
5 beds · 3 baths · 2,479 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled on a prime corner lot spanning over 16,000 SQFT, this beautifully maintained ORANGECREST pool home offers the perfect backdrop to paint your life’s story. With 2,479 SQFT of living space, featuring 4 bedrooms (with an optional 5th) and 3 full bathrooms, including one bedroom and bathroom conveniently located downstairs. Bathed in natural light, the home showcases a seamless open layout. The grand double-door entry opens to a spacious foyer with an elegantly upgraded staircase, leading into formal living areas. The expansive family room, complete with a gas fireplace and custom built-ins, flows effortlessly into the updated kitchen, which boasts granite countertops and cabinetry with pull-out drawers. Upstairs, the master suite offers a cozy retreat and a second fireplace. The updated en-suite bathroom features a granite dual-sink vanity, walk-in shower, soaking tub, and a large walk-in closet. Two additional spacious bedrooms and a private Jack-and-Jill bathroom complete the upper level. Downstairs, you'll find beautiful travertine flooring, crown molding, surround sound, ceiling fans, recessed lighting and dual pane windows throughout. Other highlights include an indoor laundry room with a sink and storage, water softener, a private gated courtyard, a 3-car attached garage, and RV parking. The backyard is a private oasis, featuring custom hardscaping, multiple seating areas, a Pebble Tec pool and spa, and a gas firepit. Plus, behind the backyard fence, you'll find an additional 15 feet of usable space, offering endless possibilities for expansion, gardening, or recreation. The yard is beautifully landscaped with mature, meticulously maintained greenery, creating the perfect place to paint your own picture of memories—whether you're hosting family gatherings, enjoying quiet moments, or imagining the life you’ll build here. This is more than just a home; it’s a canvas for your future.
Source: CRMLS #IV25075819
Source: CRMLS #IV25075819
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.