5014 El Mirlo Dr Oceanside, CA 92057
Your savings
About this home
Charming Single-Story Home Adjacent to Bonsall West Elementary Welcome to 5014 El Mirlo Dr — a spacious 4-bedroom, 2-bath single-story home offering 1,728 sq ft of comfortable living space. The open floor plan connects the kitchen, dining, and living areas seamlessly, creating a warm and functional layout for everyday living and entertaining. Inside, you’ll find wood-look tile and laminate flooring throughout, stainless-steel appliances, and generous counter space with a breakfast bar. The primary suite and secondary bedrooms provide plenty of room for flexibility — ideal for a home office, guest space, or growing household needs. The backyard features turf and a large covered patio for easy maintenance and outdoor enjoyment, while the front yard offers great potential for personalized landscaping. Additional highlights include leased solar panels to help offset energy costs and an attached two-car garage. Conveniently located next to award-winning Bonsall West Elementary School, offering excellent access to the local community and nearby amenities. Single-story homes with this much space, comfort, and potential are hard to find — come see what makes this property a great place to call home.
Source: CRMLS #250042673SD
Loan details
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.