21 Deergrass, Irvine, CA 92618
4 beds · 3 baths · 1,922 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to a rare opportunity to own a stunning townhome in the serene Village of Stonegate East. Thoughtfully designed to feel like a detached residence, this corner-lot property features an inviting California Room and an open concept layout filled with natural light from expansive windows. The spacious interior offers a large living room enhanced by crown molding and recessed lighting, seamlessly connecting to a chefs kitchen complete with granite countertops, stainless steel appliances, ample cabinetry, and a generous island with bar seating ideal for casual dining and entertaining. The adjacent dining room flows effortlessly to the outdoor entertainment area through French doors. With one bedroom conveniently located on the main level and three upstairs, the floorplan offers flexibility for guests or a home office. The current layout includes a loft area that can be converted to a fourth bedroom. The serene primary suite boasts a coffered ceiling, a walk-in closet, and a luxurious bathroom with dual vanities, a separate soaking tub, and a tiled shower. The backyard is a true retreat, complete with a ceiling fan, covered patio, and six foot masonry walls offering privacy. Residents of Stonegate East enjoy premium amenities including a resort style pool, spa, basketball court, playground, and BBQ area. This townhome's prime location provides easy access to Woodbury Town Center, parks, scenic trails, top rated Irvine schools, and major freeways. Do not miss this exceptional opportunity to own a beautifully appointed home in one of Irvines most sought after communities.
Source: CRMLS #GD25084610
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 #GD25084610
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.