974 Forester Dr Corona, CA 92878
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About this home
Welcome to this spacious and beautifully maintained 4-bedroom, 2.5-bathroom home, located in a desirable gated community in Corona. Offering the perfect combination of comfort, convenience, and security, this home is an ideal choice for families or anyone seeking a peaceful, well-established neighborhood. Key Features: 4 Generously Sized Bedrooms: Ample space for family and guests. 2.5 Bathrooms: Including a luxurious master ensuite with a dual vanity, walk-in closet, and a large shower – the perfect retreat. Spacious Kitchen: Featuring a bar for easy meals and entertaining, with plenty of counter and cabinet space for all your culinary needs. Inviting Living Areas: A bright and open concept living room with a charming fireplace to enjoy during cozy evenings. Separate Dining Room: Perfect for hosting family dinners and gatherings. Inside Laundry Room: Added convenience with a dedicated laundry space. Private Yard: Enjoy the privacy of a spacious backyard, complete with a covered patio – ideal for outdoor dining, relaxation, and entertaining. 2-Car Garage & Spacious Driveway. Community Perks: Access to a nearby community park for outdoor activities and family fun. Prime Location: Conveniently located near top-rated schools, shopping centers, restaurants, and with easy freeway access for commuting. This home offers an incredible layout with ample space to grow and make lasting memories. Whether you're enjoying the cozy interior, entertaining in the backyard, or exploring the community amenities, this property is great Don’t miss out! Schedule a tour today and see for yourself why this is the perfect place to call home.
Source: CRMLS #IG25218898
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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.