53 Avenida Descanso, Oceanside, CA 92057
5 beds · 3 baths · 2,303 sqft
Get a free consultation call with an expert in the mortgage assumption process.
VA Assumable loan available on this home! Welcome to this stunning Oceanside home, where style and functionality blend seamlessly. As you step inside, you're greeted by sleek white tile flooring that flows throughout the downstairs. A formal living area upon entry sets the stage for elegant gatherings. The heart of the home is the fully remodeled kitchen, featuring marble waterfall countertops, upgraded white shaker cabinets, and a picturesque view of the sparkling pool just beyond the sink. Adjacent to the kitchen, the open-concept family room boasts a stylish accent wall, cozy fireplace, and easy access to the outdoor oasis. A convenient downstairs bedroom and full bath provide flexibility for guests or multigenerational living. The spacious laundry room, complete with a utility sink, and a three-car garage add to the home's practicality. Upstairs, luxury vinyl plank flooring enhances the elegant feel. The expansive primary suite offers serene pool views, a walk-in closet, and an en-suite bath. An additional bedroom, perfect for a nursery, office, or retreat space. Step outside to a backyard built for entertaining featuring a vast layout, a beautiful pool, and rare RV parking. Located in a sought-after Oceanside community, this home is just 10 minutes from the beach and conveniently close to top-tier shopping and dining. Don’t miss this incredible opportunity to own in a prime coastal location!
Source: SANDIEGO #250022717
Source: SANDIEGO #250022717
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.