432 Edgehill Ln # 175, Oceanside, CA 92054
2 beds · 1 baths · 802 sqft
Price improved 3/30/25! Well priced $11,000 below last sold comp. price for this floorplan! Was also a first level home. VA approved! Wonderful coastal gated complex with gorgeous amenities including a pool, jacuzzi, barbecue grill, exercise room with lots of cardio equipment and weights and a clubhouse room. Community laundry. Lower level home with a large covered patio with turf and a storage room. Newer wood flooring all throughout. Upgraded kitchen with stainless appliances, new farm sink, new fixtures, recessed lighting and a new refrigerator freezer all included. Breakfast bar. Dining area which is currently used as a home office. New ceilings no popcorn. Large living room. Totally brand new luxurious bathroom with barn door entrance, all new shower with subway tile, new counters, fixtures, toilet and cabinets. Secondary bedroom with mirrored wardrobes and CA Closet style built-ins.. Large primary suite with big walk in closet. Designer paints. Upgraded window treatments. Patio has solar shade screen and bamboo. Ceiling fan with lights. Assigned carport space 187 plus lots of available extra parking. Fantastic home in an upscale complex at a great price in 92054 coastal Oceanside area. VA Approved!
Source: CRMLS #NDP2502495
Financials
Source: CRMLS #NDP2502495
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.