2109 Doral Ct, Oxnard, CA 93036
4 beds · 3 baths · 3,005 sqft
RIVER RIDGE, JM Peters, Stunning Fully Remodeled Home with High-End Finishes & Thoughtful Design Experience luxury living in this exquisitely remodeled home, completed in April 2023, featuring a top-to-bottom transformation with high-quality craftsmanship and designer details.Step inside to a grand entryway adorned with terra cotta paver tiles and unique lighting, setting the tone for the elegance that follows. The interior boasts engineered wood flooring throughout, with artisanal tile accents in the bathrooms and entryway. Every detail has been updated, including all-new windows, doors, plumbing, electrical, and lighting for modern efficiency, while smooth Santa Barbara plaster walls add a refined touch.The chef's kitchen is a culinary masterpiece, featuring a 48' Wolf Dual Fuel Range (six burners + griddle, dual convection ovens), a 42' Sub-Zero French Door Refrigerator, a Cove dishwasher, and an undercounter Subzero wine refrigerator. Quartz countertops, a walk-in pantry, and reclaimed wood shelving complete this dream space.Designed for both relaxation and entertaining, the home offers four bedrooms plus a spacious family/game room with a wet bar, Subzero Beverage Center, and wine & barware storage. A downstairs bedroom with a full bath provides flexibility for guests or multi-generational living. The bathrooms showcase artisanal tile, quartz countertops, and custom knotty alder cabinetry, enhancing the home's warmth and character.Seamlessly blending indoor and outdoor living, the home features a 10 ft. waterfall door leading to the beautifully redesigned backyard. Enjoy a pergola with lighting and electric heaters, a bocce court, raised bed garden, serene fountain, and gas fire pit, all set within drought-tolerant landscaping.Additional highlights include a fully paid solar system, dual-zone HVAC with air conditioning (installed 2020), and an updated laundry room. The custom wrought iron railing with Spanish tile stair accents adds a striking architectural detail, while all-new bath and kitchen fixtures, lighting, hardware, and trim enhance the home's refined aesthetic.This meticulously reimagined home combines timeless elegance with modern convenience, offering the perfect balance of style, comfort, and function. Steps from the community pool, spa and tennis courts. Assumable loan of 2.99%, approx balance of 790k.A must-see for discerning buyers--schedule your showing today!
Source: CRMLS #V1-28814
Source: CRMLS #V1-28814
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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.
How do I qualify for an assumable mortgage?
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.