3912 Kaplan Way, National City, CA 91950
4 beds · 3 baths · 2,024 sqft
*Elegant 4-Bedroom Home in the Exclusive Bella Bonita Gated Community* Nestled in the highly desirable *Bonita area, this stunning **4-bedroom, 2.5 -bathroom* home offers *2024 sq. ft.* of elegant living space in the secure *Bella Bonita* gated community. Built in *1993, this property seamlessly blends **comfort and sophistication, featuring a **Spanish tile roof* and an *open floor plan* flooded with natural light. The *chef’s kitchen* is a culinary dream, boasting *upgraded finishes, a spacious island, and a seamless flow* into the inviting *family room, where a cozy **fireplace* sets the perfect ambiance for gatherings. The *luxurious master suite* is a true retreat, complete with a *spa-like bathroom, a soaking tub, and a walk-in closet*. Additional highlights include: *Central AC* for year-round comfort *Dedicated laundry room* for added convenience *Stamped concrete driveway & two-car garage* with ample storage *Lushly landscaped backyard*, perfect for relaxation or entertaining *Access to a community pool*, ensuring summer fun just steps away Ideally located within a mile of *Plaza Bonita, Rohr Park, and Chula Vista Golf Course, this is a rare opportunity to own a **spacious, beautifully upgraded home* in a *prime location*.
Source: SANDIEGO #250020097
Source: SANDIEGO #250020097
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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 580, 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.