33144 Ocean Rdg Dana Point, CA 92629
Your savings
About this home
APPRAISED OVER ASKING PRICE! Clean Inspection and Termite Reports Available! Your coastal lifestyle awaits just 1.5 miles from Dana Point Harbor! Nestled in the gated Marinita Townhomes, this expansive 1,956 sq ft residence offers the largest floor plan in the community with 3 bedrooms, 2.5 baths, and a serene setting with valley views, ocean breezes, and complete privacy from road noise. Step inside to soaring ceilings, walls of windows, and a bright, open layout. The living room with a cozy gas fireplace flows seamlessly to a spacious patio perfect for indoor-outdoor entertaining; an additional nook can be used as a desk space, bar, or display area. The formal dining area is conveniently located between the living room and kitchen, offering a comfortable space for hosting meals and gatherings. The kitchen features newer appliances and a flexible room that can be used for a breakfast nook or your home office. Upstairs, the private primary suite boasts a generous walk-in closet, oversized double vanity, soaking tub and separate shower. Two additional bedrooms share a full bath and linen storage cabinets in upstairs hallway. One is oversized and can easily double as a second primary. The home has been fully repiped and includes interior laundry with ample storage. The refrigerator, washer, and dryer are included! This location is unbeatable with the free trolley stopping just outside the gate, offering quick access to Dana Points best beaches and easy connection to other trolleys serving nearby coastal destinations like Laguna Beach, San Clemente, San Juan Capistrano, and Laguna Niguel - spend the day exploring! Exciting developments continue in the Lantern District as well as the Dana Point Harbor with its $600M+ revitalization project that promises new waterfront dining, boutique shopping and a world-class marina, ensuring strong future equity growth. Priced competitively with the option to assume the sellers low-rate FHA loan at 5.75%. This is your chance to customize your dream home, move in now and secure your place in one of south Orange Countys most rapidly evolving coastal neighborhoods.
Source: SANDIEGO #OC25157473
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
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.