42932 Cala Rosso, Temecula, CA 92592
4 beds · 3 baths · 2,348 sqft
Welcome to this stunning home situated on a quiet, tree-lined cul-de-sac in the highly sought-after Paloma Del Sol neighborhood. This spacious four-bedroom, three-bathroom gem has been thoughtfully upgraded, offering the perfect blend of comfort, style, and functionality. This home has a charming front porch and a double-door entrance, an inviting formal living and dining room with vaulted ceilings, creating an open, airy atmosphere, a remodeled kitchen, featuring granite countertops with a leather finish and chiseled edges, along with a large island that offers ample storage space, a farm sink, a tumbled stone backsplash, and stainless steel appliances, including a refrigerator, range, dishwasher, microwave, and wine refrigerator. The kitchen seamlessly flows into the breakfast nook and family room with a cozy fireplace. The downstairs has luxury vinyl flooring and four-inch baseboards. You’ll also appreciate the convenience of a full bedroom and bathroom on the main level, with a newly updated vanity, sink, and hardware. You will enjoy the beauty of the custom wrought iron spindles on the staircase, as well as the newer carpet and paint that were updated just over two years ago. The upstairs primary bathroom and Jack-and-Jill bath were remodeled, featuring upgraded vanities, sinks, mirrors, and hardware. The primary suite has a private deck, offering the perfect spot to unwind. The backyard is pool-sized, with vinyl fencing, and is ideal for hosting gatherings and relaxation. Additional features include an epoxy-coated three-car garage, solar (power production), low taxes, and low HOA dues. As part of the Paloma Del Sol master-planned community, you'll enjoy access to multiple pools, playgrounds, parks, and sports courts, all connected by beautifully landscaped walking and biking trails. Plus, the home is in a highly rated school district. This is a rare opportunity to own a meticulously upgraded home in one of Temecula's most desirable communities—don’t miss out!
Source: CRMLS #SW25054046
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #SW25054046
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.