7543 Summer Day Dr Corona, CA 92883
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About this home
Located in the prestigious, guard-gated community of The Retreat, this executive home offers breathtaking mountain views with no neighbors across the street—just open space and natural beauty. With exceptional privacy and curb appeal, this residence stands out in one of South Corona’s most sought-after neighborhoods. Step inside to find plantation shutters and ceiling fans throughout, along with formal living and dining rooms ideal for entertaining. A wide staircase with custom wrought iron banister leads upstairs, while the main level features upgraded flooring and flows into an upgraded kitchen with expansive counter space, a large food pantry, Butler’s pantry, and included refrigerator. The adjacent family room showcases a custom stone accent wall, adding warmth and character. This home offers dual primary suites for ultimate flexibility. The upstairs primary suite is a true retreat, complete with a cozy fireplace, spacious sitting area, large walk-in closet, and private balcony with sweeping mountain views. The downstairs en-suite bedroom includes a full bath along with a built-in refrigerator and microwave—perfect for guests, multigenerational living, or an in-law setup. A large upstairs loft offers additional living space, while a linen closet, powder room, and a laundry room with sink add everyday convenience. Washer and dryer are also included. The additional guest bedrooms are generously sized to accommodate a variety of needs. The backyard is designed for relaxed outdoor living, featuring a California room, Alumawood patio cover, built-in barbecue, gas fire pit, and blooming rosebushes. The three-car garage offers built-in storage cabinets and ample space. AMENITIES: Community pool, playground, basketball court, & fireplace With no neighbors on one side or across the street, this home enjoys rare privacy. Community amenities included a guard-gated entry, low HOA dues, and low taxes. Located close to top-rated schools, the 91, 15, 71, and 241 freeways, Foothill Expressway, Dos Lagos, and The Crossings shopping centers.
Source: CRMLS #IG25127118
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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.
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