31862 Livingston St, Menifee, CA 92584
5 beds · 3 baths · 3,008 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this exceptional property on the serene Livingston Street, where comfort, sophistication, and practicality come together seamlessly. This stunning residence offers an ideal setting for families, entertainers, and those seeking generous living space, featuring 5 bedrooms, 3 bathrooms, and a layout designed with modern living in mind. Property Highlights Expansive Living Space: With approximately 3,008 square feet, this home provides ample room for relaxation, entertaining, or everyday living. The thoughtful design ensures every corner of the home serves a purpose, meeting the needs of households of all sizes. Open Floor Plan: Enter a light-filled and beautifully designed living area, offering high ceilings and upscale finishes. The smooth transition between the living room, dining room, and kitchen makes this home perfect for hosting gatherings or enjoying quality family time. Gourmet Kitchen: The well-appointed kitchen is a chef’s dream. It features granite countertops, stainless steel appliances, and an oversized island with bar seating. Abundant cabinetry provides plenty of room for your culinary essentials, combining functionality with style. Private Master Retreat: The luxurious master suite offers a quiet escape. It boasts a spa-inspired ensuite bathroom with a soaking tub, separate shower, dual vanities, and a spacious walk-in closet, delivering both comfort and elegance. Outdoor Living at Its Best: Step into your private backyard retreat, thoughtfully designed for outdoor enjoyment. The covered patio is perfect for entertaining year-round or enjoying quiet evenings under the stars. The expansive yard provides ample space for a playset, outdoor furniture, or the addition of a pool if desired. Prime Location: Conveniently situated just minutes from award-winning Paloma Valley High School, excellent shopping, dining, and entertainment options, this home provides the best of Menifee living. Local parks and beautiful surroundings enhance the appeal and create a tranquil family-friendly environment. Discover Your Dream Home This home is more than just a property; it’s an invitation to elevate your lifestyle. Located in one of Menifee’s most desirable neighborhoods, this carefully designed home offers convenience, comfort, and luxury. Don't miss the opportunity to make 31862 Livingston Street your forever home. Schedule your private tour today and experience all this exceptional property has to offer.
Source: CRMLS #IV25070106
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 #IV25070106
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.