35114 Persano Pl, Fallbrook, CA 92028
3 beds · 3 baths · 1,753 sqft
Stunning home..nestled on a desirable corner lot in the prestigious community of Horse Creek Ridge, this nicely designed home offers modern living with serene views. Built in 2019, this smart home features a spacious and open floor plan with a large loft, ideal for flexible living and entertaining. Enjoy the sleek elegance of recessed lighting, a spacious kitchen with a pantry, and beautiful high-end window shutters that provide both style and functionality. The home boasts energy-efficient features, including FULLY PAID solar panels, a whole-house water softening system, a drinking water filtration system, and a tankless hot water heater. Step outside to your private oasis, where a covered patio awaits, complete with a tranquil fountain and LED outdoor lights that set the perfect ambiance for evening relaxation. The backyard is also prepped with a gas line ready for a future BBQ or fire pit. For convenience, the garage is equipped with a Tesla charger, as well as safe racks and metal shelving for optimal storage. As a resident of Horse Creek Ridge, you'll enjoy access to The Harvest House clubhouse, the complex has a few pools, BBQ area, playgrounds, and dog walk areas. This family-friendly community also offers easy access to the 76 and 15 highways, close to the Pala Golf Course, local wineries, and hiking trails at Mount Monserate. Don’t miss the opportunity to own this exceptional home in one of Fallbrook’s most desirable communities.
Source: CRMLS #CV25054789
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 #CV25054789
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.