39900 Desert Sun Dr, Rancho Mirage, CA 92270
4 beds · 3 baths · 3,100 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this exquisite custom-built estate in the heart of Rancho Mirage! This expansive 4-bedroom, 3-bathroom home offers 3,100 square feet of elegant living space, situated on nearly half an acre of land. Designed for both comfort and entertainment, this home features seamless indoor-outdoor living, a resort-style backyard, and breathtaking south-facing mountain views. Step outside to your private oasis, complete with a sparkling pool, relaxing spa, and a lush citrus orchard with eight fruit-bearing trees. Inside, you’ll find: a grand double-door entry leading to a spacious family room with a stunning fireplace, separate dining and living room, fun wet bar with sink, ample built in cabinetry and a cozy breakfast nook with an additional eating area overlooking the backyard. Gourmet kitchen with ample cabinetry and picturesque views. One over-sized bedroom and a full bath on the main floor, ideal for guests or multi-generational living. On the second floor you will find your luxurious primary suite, featuring a spa-like en-suite with a soaking tub, walk-in shower, dual vanity, double sink, and generous dual walk-in closets. Two additional over-sized bedrooms with nice sized closets. The beautifully landscaped backyard is an entertainer’s dream, offering ample space for hosting, relaxing, or simply soaking in the desert serenity. A 4-car garage and a circular driveway provide plenty of parking and storage. Located in an exclusive neighborhood with NO HOA, this one-of-a-kind home was originally built by a lumber tycoon and is surrounded by multi-million-dollar estates. Just minutes from world-class golf, tennis, shopping, and fine dining, this is a rare opportunity to own a truly unique property in one of the desert’s most coveted locations. Don’t miss this must-see must-have Rancho Mirage gem! NO WHOLESALERS PLEASE.
Source: CRMLS #OC25027932
Source: CRMLS #OC25027932
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.