28434 Belleterre Ave, Moreno Valley, CA 92555
3 beds · 3 baths · 2,077 sqft
HOME QUALIFIES FOR AN UP TO $30,000 GRANT!!! Welcome to this charming Cul-De-Sac Home located in one of the best Gated Communities with stunning views in Moreno Valley. The home has been well kept and you will definitely feel the pride of ownership. As you enter the home you will notice the high ceilings and natural light from the large windows. The kitchen, dining area and family room are the perfect place for the family to gather in. Upstairs you will find a loft and three large bedrooms, including the oversized primary suite. The primary bathroom includes dual sinks, separate tub and shower, and large walk in closet. The upstairs laundry room makes doing the laundry easy and convenient. The low maintenance back yard is big enough to entertain, plant a garden and play a back yard game. Whether you enjoy to play golf, swim, relax in the spa, host a BBQ, play a game of basketball, or relax at the park, this community offers it all! Home is centrally located near the 60 and 215 FWYS, commuting is a breeze. and also close to shopping, medical and entertainment. Did I mentioned the home has LOW TAXES, NO MELLOW-ROOS... Don't miss the opportunity to call this AMAZING property your own! Schedule your appointment today!!
Source: CRMLS #IV25019892
Interest rate and monthly payment estimated based on public records.
Source: CRMLS #IV25019892
Source: Public records
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 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.
Other resourcesWhat 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 “Get Notified” 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 580, 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.
