341 Campolina Ct, Fallbrook, CA 92028
3 beds · 3 baths · 1,799 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Pre-listing home inspection completed for peace of mind. Beautifully upgraded 3 bed, 2.5 bath home with 2-car garage, tucked away in a quiet cul-de-sac within the desirable community of Horse Creek Ridge. Built in 2018, this home offers an open and functional layout with luxury vinyl plank (LVP) flooring throughout, recessed lighting and gorgeous wooden plantation shutters. The heart of the home is a spacious, open-concept kitchen featuring granite countertops, stainless steel appliances, a large walk-in pantry, bar area, and a cozy breakfast nook—perfect for both casual dining and entertaining. Energy-efficient upgrades include a tankless gas water heater, whole house fan, solar panels, a radiant heat barrier in the attic, built-in exterior light timers, and more. Upstairs, you'll find 3 generously sized bedrooms. The primary bedroom includes an ensuite bathroom and a walk in closet. The additional bedrooms share a jack and jill style bathroom with separate shower and vanity spaces. The outdoor spaces are beautifully designed for easy upkeep and outdoor fun with drought-tolerant landscaping updated in 2023. The fully fenced backyard features artificial turf, patio space, and pavers extending along the side of the house. Horse Creek Ridge offers resort-style amenities including two year-round heated pools, multiple parks and playgrounds, sidewalks, and scenic walking trails. Adventure seekers will love the nearby Montserrat Mountain hiking trails, while wine lovers are just a short 20-minute drive from Temecula’s world-class wineries. This move-in ready home combines style, energy efficiency, and a vibrant community lifestyle with quick access to I-15 and 76—schedule your private showing today!
Source: CRMLS #SW25063405
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 #SW25063405
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.