5053 Moon Eye Way Hemet, CA 92545
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About this home
Welcome to 5053 Moon Eye Drive—an impressive 5-bedroom, 2.5-bathroom, 2,871 sq ft home located in the highly sought-after Colt Ridge community. This beautifully designed two-story home offers both comfort and functionality, featuring a bright, open-concept layout and elegant granite countertops throughout. As you enter, you’re welcomed by a versatile flex space, ideal for a formal sitting area, playroom, or home office. The spacious kitchen is a standout with a massive walk-in pantry, perfect for storage, and flows effortlessly into the dining and living areas—making it ideal for both everyday living and entertaining. Downstairs, you'll find a flexible bedroom with a walk-in closet, currently used as an office—an excellent setup for guests, remote work, or multigenerational living. Step outside to the move-in ready backyard, where concrete paving is already in place—perfect for setting up a fire pit, BBQ area, or custom outdoor seating. It’s a great space to relax or entertain friends and family. Additional features of this home include an oversized 3-car garage with ample room for vehicles, storage, or even a home gym. Granite countertops are featured throughout the home, offering a cohesive and upscale finish. The thoughtfully designed floor plan maximizes both space and natural light, creating a comfortable flow throughout. Located in one of Hemet’s fastest-growing and most desirable neighborhoods, this home also provides access to the Colt Ridge community’s resort-style amenities, including a recreation center, swimming pool, and outdoor activity areas. You’ll also enjoy the convenience of being just minutes from local shopping, dining, and entertainment. This home truly offers the perfect blend of modern style, space, and convenience. Don’t miss your opportunity to own this turnkey property—schedule your private tour today!
Source: CRMLS #SW25191586
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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.