433 Marlynn Ct, Escondido, CA 92025
3 beds · 2 baths · 1,800 sqft
Introducing the most exquisite remodeled custom home, situated on the highly coveted Marlynn Court in South Escondido, delivering a romantic and luxurious lifestyle with a focus on private outdoor living. This property offers privacy among an expansive half acre lot with guava, orange, grapefruit, pomegranates, halos, and limes trees lining just the front yard. The curb appeal also encompasses a large rolling hill covered in real grass and gorgeous Delosperma ice plant flowers lining the 12 car driveway. Upon entering the sprawling 1800 sqft property you are received by a 1528sqft main home offering 3 bedrooms and 2 baths greeting you with travertine and porcelain tile floors, neutral paint, a very open floor plan, tons of recessed LED lights, view windows with gorgeous views and a 6 year old kitchen remodel. The highly upgraded home offers a large Great Room with a centerpiece double sided stone gas fireplace with a gorgeous floating mantle and granite touches. The floor plan flows straight into the large dining room with access to the 2 car garage which houses the washer and dryer. The upgraded kitchen is appointed with a rollaway island with eat up bar, inlaid quartz granite counters, black appliances, maple spice cabinets, and flows to an additional eating area or flex space with access to the exterior sunroom. The East side of the home features LVP floors in all bedrooms with the first bedroom offering closet built-ins and the second room features a Murphy bed. The 1st bathroom features an oak stained dual vanity with cultured marble and a reglazed shower tub combo. The master is appointed with a large walk-in closet with built-ins, sliding glass door to the yard and an attached bath with a marble topped single vanity and new reglazed shower. Out the dining room french doors is an entertainer's dream featuring almost 300 sqft of additional indoor/outdoor living via an attached enclosed sunroom featuring red brick floors, exposed beam ceiling, windows and a glass slider to the exterior. The breathtaking yard features red brick decking, a dining area with bistro lighting overhead, rolling hills with steps for mountain views from the top of the property and landscaped with grapes, orange, lemon, apricot, kumquat, apple, peach, pear, and lime trees. A private brick deck offers a seating area with a built-in BBQ and full kitchen. Unobstructed views can be seen to the East and North. A full list of features is available in supplements; too many to list.
Source: CRMLS #SW25059169
Financials
Source: CRMLS #SW25059169
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.