2120 Mountain View Dr Escondido, CA 92027
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About this home
SELLER WILL BUY DOWN THE BUYERS INTEREST RATE UP TO 2% WITH FULL PRUCE OFFER!! Step into this beautifully cared-for home that exudes warmth, comfort, and character at every turn. From the moment you arrive, you'll notice the pride of ownership—fresh new windows, gleaming wood floors, and a modern tankless water heater offering both style and efficiency. The spacious master bedroom is a true retreat, complete with a walk-in closet that adds the perfect touch of luxury. An additional bedroom has been thoughtfully added, offering even more flexibility for guests, a home office, or hobby space with it's own separate entrance. Outside, the lot offers endless possibilities! Solar, roof and skylights put in in 2019 along with the mini split air conditioner make the home comfortable throughout the year. There's ample room for RV parking alongside the home, and the detached garage provides additional storage or workshop potential. Step into your private backyard oasis—shaded by mature trees and designed for both relaxation and entertaining. Both front and back yard are fully fenced and gated offering privacy and security. Whether you're hosting a summer BBQ, sipping morning coffee on the patio, or watching the sunset in peace, you'll fall in love with the serenity this space provides. A charming shed out back adds even more functionality to the property, whether for storage, gardening, or a future creative studio. Nestled in a desirable area close to everything you need, yet surrounded by privacy and greenery—this home truly has it all. Don’t miss your chance to own this unique gem. Make it yours before someone else does!
Source: CRMLS #250038946SD
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Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.