1544 Elegante Ct Corona, CA 92882
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About this home
PANORAMIC VIEWS IN BELLA VISTA!! This beautiful home features a bright and open floorplan with 3 bedrooms, 2.5 bathrooms with 1,743 square feet of spacious living space. You are welcomed at the entry into the spacious living room which features high cathedral ceiling, beautiful two-way fireplace and has direct access to the LARGE Backyard Patio Deck with covered ALUMA-WOOD Patio Cover with Recessed Lighting AND HAS INCREDIBLE VIEWS of the Valley, City Lights and Surrounding Hills. Beautifully designed kitchen features plenty of cabinetry for storage, stainless steel appliances, wine refrigerator, gas range with overhead microwave, custom backsplash tile, island with beautiful Quartz countertop and is open to the family room which makes it great for entertaining. Upstairs showcases a LARGE Primary Suite that includes a large bedroom area with HIGH CEILINGS and VIEW of the hills, private bathroom with dual sink vanity and DUAL closets with mirrored doors. Down the hall are 2 additional spacious bedrooms with plenty of closet space and a beautiful hall bathroom. Additional features of the home include 2 Car Attached Garage w/EPOXY COATED FLOORS & Built-In Storage Cabinets, dual-pane windows, Luxury Vinyl flooring throughout, Plantation Shutters, newer A/C Unit, and newer water heater. The community amenities include sparkling pool, spa, and exterior maintenance. It is also conveniently located near schools, shopping, restaurants, parks, entertainment and has easy freeway access to the 91 & 71 freeways. This is one you don’t want to miss!
Source: CRMLS #PW25219468
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.