33144 Ocean Rdg, Dana Point, CA 92629
3 beds · 3 baths · 1,925 sqft
Seller credit of $10,000 with accepted full price offer - buy down your rate or use towards closing costs! Charming 1925sf home in the coastal gated enclave of Marinita Townhomes! The largest floorplan offers 3 bedrooms, 2.5 baths and is tucked into the peaceful neighborhood offering valley views, privacy and no road noise. A lovely landscaped walkway welcomes you, enter the light-filled home to a roomy kitchen with newer DW, stovetop, vent hood, microwave, separate dining area that can double as an office. The formal dining room overlooks the large living area with gas fireplace; high ceilings and walls of windows flood both rooms with light. Slider leads to large balcony that offers privacy and ocean breezes. Convenient inside laundry and half bathroom are near the entry. Very private primary bedroom with ensuite bathroom; separate shower and large tub, oversized double vanity and walk-in closet. Both rooms provide views well beyond San Clemente. Generously-sized secondary bedrooms, linen closets and full bath with shower/tub combo complete the upstairs. Completely repiped! Experience the ultimate coastal lifestyle with exclusive amenities that make the HOA fees worthwhile: professional front landscaping (no need to hire a gardener!), pickle ball/tennis court, clubhouse, heated pool, two spas and shaded picnic/BBQ area! Just 1.5 miles to Dana Point Harbor and the popular Lantern District with trolley access right outside the gate. Close to world-famous resorts, beaches, shopping, restaurants, scenic trails and only one block to Dana Hills High School. Don't miss this opportunity to invest in rapidly-evolving Dana Point. Refrigerator, washer/dryer included! VERY reasonable kitchen remodel estimates available, see supplements and call with any questions.
Source: CRMLS #OC25021289
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 #OC25021289
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.