26606 Danube Way, Moreno Valley, CA 92555
4 beds · 4 baths · 2,432 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this exceptional single story home spanning 2432 sq ft with 4 bedrooms, 3 full baths and 3 car garage. Located at the end of the street, you will be greeted by the fresh grass in the front yard and the entry and porch will welcome you inside. Upon entering, you will be pleasantly surprised by the light and bright, open layout. There is a room by the entry for many uses. Entertain guests in the formal dining area. The spacious living room is a great place to cozy up by the stone fireplace, or enjoy TV or movies with friends and family. The living room opens to the chef's kitchen is outfitted with gleaming newer quartz countertops, rich wood cabinetry, a large island, stainless steel appliances, which includes a countertop stove, dishwasher, microwave and oven. The laundry room, next to the kitchen has storage shelving. Step out to the backyard. You will have a low maintenance yard with fruit trees, a raised planter with flowering plants and bushes, a horseshoe area and a separate area that can be for storage or a dog run. Go back inside and look at the bedrooms. There is a bedroom with a full bath next to it. The next bedroom is an ample size that connects to a bathroom and another bedroom. The Jack n Jill bathroom has dual sinks and a separate bathing room with a bathtub/shower. On to your primary suite. The primary bedroom has plenty of space, like a retreat and opens to the primary bathroom with dual walkin closets, dual sinks, a large garden bathtub and separate shower. Your beautiful new home has recent interior and exterior paint, ceiling fans throughout, offers space, comfort and is nestled in Mohogany Fields, convenient to Kaiser Permanente Medical Center, Riverside Health University, Moreno Valley College and Stoneridge Shopping Center. Schools are within a mile. You're going to love this home!
Source: CRMLS #IG25084976
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 #IG25084976
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.