1 of 47
$559,900

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!!

Estimated
Seller's interest rate
2.8%
7%
Estimated
Principal & interest
$1,484/mo.
$2,307
You may also save up to $262,501 in total interest paid.
Listing price
$559,900
Your cash down payment
$226,249
Seller’s estimated current equity is $226,249
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,484 monthly payment
Financed
$333,650
Assumed mortgage 2.8% • Seller's rate
$333,650
2nd mortgage 9.25% • No prepay penalty
$0
How it works

Interest rate and monthly payment estimated based on public records.

Location
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Details
Home
Size
2,077 sqft
Lot size
0.15 acres
Year built
2000
Type
Single Family Residence
HOA dues
$127.00

Source: CRMLS #IV25019892

Loan
Remaining term
26 yrs and 7 mos
Rate
2.8%
Monthly P&I
$1,484
Remaining loan balance
$333,650

Source: Public records

Who can qualify

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 resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Mar 16, 2025 05:39 am
Listing agent: SUSAN DE CALDERON
Contact listing agent
Listing provided courtesy of: Century 21 Masters (800) 463-0977
Details provided by CRMLS and may not match the public record.
MLS ID: #IV25019892
Based on information from California Regional Multiple Listing Service, Inc. as of Mar 16 2025 - 08:08 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
Estimated
Seller's interest rate
2.8%
7%
Estimated
Principal & interest
$1,484/mo.
$2,307
You may also save up to $262,501 in total interest paid.
Listing price
$559,900
Your cash down payment
$226,249
Seller’s estimated current equity is $226,249
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,484 monthly payment
Financed
$333,650
Assumed mortgage 2.8% • Seller's rate
$333,650
2nd mortgage 9.25% • No prepay penalty
$0
How it works

Interest rate and monthly payment estimated based on public records.

$1,484/mo
View details