28493 Ripple Brook Ln, Menifee, CA 92585
5 beds · 4 baths · 3,687 sqft
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**MASSIVE MENIFEE HOME with ONE BED AND BATH DOWNSTAIRS** Nestled on an impressive corner lot that spans over 11,326 square feet, perfect size to accommodate a pool or ADU! This stunning 5-bedroom Heritage Lakes residence boasts exceptional curb appeal with its lush, manicured lawn and inviting covered front porch that beckons you inside. As you step through the grand entrance, you're greeted by formal dining and living rooms that gracefully flank the hallway, creating an elegant flow to the heart of the home. At the back, the spacious family room seamlessly connects to an entertainer’s dream kitchen. This culinary haven features exquisite granite countertops, a substantial island with barstool seating, a charming butler's pantry, and top-of-the-line stainless steel appliances, including a coveted double oven. Rich cabinetry complements the space, while the dining area, alongside a cozy gas fireplace, sets the stage for memorable family gatherings. The main floor is thoughtfully designed with convenience in mind, featuring a generous bedroom with its own en-suite bathroom, direct access to a spacious 4-car garage, and a stylish half-bathroom for guests. Venturing upstairs, you’ll discover the luxurious primary bedroom, which offers breathtaking mountain views and a sanctuary of relaxation with two mirrored, oversized walk-in closets. The en-suite bathroom is a masterpiece, complete with a soothing soaker tub, a separate shower, dual sinks, a vanity area, and ample linen storage. Additionally, three spacious secondary bedrooms reside on the upper level, serviced by a beautifully appointed shared bathroom with dual sinks and a separate shower area, alongside a functional laundry room equipped with a convenient sink and built-in cabinets. Stepping outside, the expansive pool-sized yard provides ample space for entertaining or simply enjoying the serene surroundings. The Heritage Lakes community envelops residents in resort-like amenities, featuring two Jr. Olympic-sized pools perfect for cooling off or swimming laps, an exciting Splash Park, a delightful wading pool, and three engaging tot-lot playgrounds. Enjoy paddle boating on the picturesque 25-acre lake, indulge in catch-and-release fishing, or take advantage of the clubhouse facility available for rent. A scenic fitness trail encircles the lake, complete with exercise equipment and community events designed to bring neighbors together. Conveniently located close to great dining and shopping.
Source: CRMLS #SW24203427
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 #SW24203427
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 of Equal Opportunity Act.