416 Gail Dr, Vista, CA 92084
3 beds · 2 baths · 1,246 sqft
This Pristine & highly upgraded North Vista modern treasure is in a family-friendly neighborhood with 3 bedrooms, 2 bathrooms, 1246 square feet of living space, freshly painted exterior, new dual-pane energy efficient windows throughout, highly desired new water heater/AC system and an attached two-car garage with direct access to the interior of the home. Charming entry door leads to a light & bright airy floor plan with flowing eye appeal starting with the low maintenance luxury vinyl plank flooring throughout, neutral color paint, recessed lighting and all the tasteful fixtures are highlighted by the natural light. The family room is great for hosting, offering plenty of space to mingle and is open to the dining area with large windows. Elegantly designed gourmet kitchen features an abundance of white shaker cabinets w/soft close doors/drawers, sleek hardware, gleaming Carrara Morro Quartz countertops highlighted by the spiffy Cognito herringbone tiled backsplash, stainless-steel appliances, shelving, lavish wood tambour detailed hood & accompanying peninsula island with seating and the new sliding door gives access to the enormous backyard. Two front south facing guest bedrooms are good in size with impressive barn doors to maximize space and share a full bathroom with fashionable vanity, shelving, appealing black fixtures, custom Stella Biscotti tiled walls/shampoo niche at the tub/shower combo and beautiful Carrara Hexagon tile flooring. The well-designed primary bedroom with a window overlooking the backyard, floor to ceiling mirror closet doors and the gorgeous resort style en-suite bathroom features built-in linen area, designer colors, his & her vanity with Quartz top, impeccable Stella La Perla tiled walls, floating shelves, a generous walk-in shower with shower wand, full length shampoo niche, high-end satin gold fixtures and the Motley Leucos grey matte flooring completes this gem! The entertainment style backyard has endless possibilities and offers fresh sod, sprinkler system, brick pavers and grey gravel rock. This home is family-oriented & conveniently located to Vista high school, Guajome Regional Park for the outdoor enthusiasts, multiple farmers markets, recently renovated Vista Historic District, several brewing companies, the Moonlight Amphitheater, Wave Park, Oceanside Pier, enjoy some of Southern California’s best known beach’s offering world class surfing and the 5, 15, 76 & 78 highways for your traveling needs.
Source: CRMLS #OC25053961
Financials
Source: CRMLS #OC25053961
Source: Public records
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%. 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.
Other resourcesWhat 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.