5033 Ducos Pl, San Diego, CA 92124
4 beds · 3 baths · 1,400 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This townhome is situated in one of the best and rarely available locations within the complex—offering extra privacy with no direct view of other buildings or carports, giving it the feel of a detached home. The kitchen and bathrooms have been updated with a fresh, modern look. The private back patio is low maintenance with turf and features gate access to the parking area. The front patio has been upgraded with elegant pavers, creating a perfect space to relax with your morning coffee. The owner’s suite includes custom closet shelving, while the two additional bedrooms offer spacious, deep closets. In 2020, new windows, AC and stainless steel appliances installed, a new water heater in 2023 and new kitchen sink and countertops in 2022. The electric panel has been upgraded and a serene pergola too. The community is VA and FHA approved and includes water, trash, a pool, and tennis courts in the HOA. Don’t let this rare opportunity pass you by!
Source: CRMLS #250024584SD
Source: CRMLS #250024584SD
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.