Discover 13412 N Manzanillo Ln—a truly stand-out listing with corner-lot exclusivity: no neighbor on one side, two guest parking spots at your door (dead-end serenity vs. street traffic), and custom perks like bedroom ceiling fans, backyard putting green, and garage 220V EV charger. Original-owner pristine since 2019, turnkey with owned solar for instant savings. A rare gem in Sylmar's heart, lovingly maintained to feel like brand-new construction—true pride of ownership shines everywhere. Thoughtful Design & Sophisticated Interiors Practical two-story layout maximizes light and privacy: expansive open-concept living/dining on main level flows into gourmet kitchen (granite counters, stainless appliances) as the gathering centerpiece, with powder room for guests. Upstairs sanctuary features an oversized primary suite with large windows framing San Gabriel Mountain views, two versatile bedrooms with ceiling fans for comfort, dedicated laundry room, and high-end finishes throughout. Exclusive Privacy & Outdoor Oasis Corner lot delivers superior privacy (no neighbor on one side) and two parking spots right beside the home—perfect for guests on this serene dead-end street. Private fenced backyard is a low-maintenance retreat for alfresco dining or sunset relaxation, enhanced by a custom putting green for sports enthusiasts honing their short game. Unmatched Value & Efficiency Fully paid-off solar panels and tankless water heater yield meaningful energy savings—no leases or fees. Revel in 2019 efficiency: attached two-car garage with direct access and 220V outlet (EV-ready for Tesla charging), blending modern utility with low HOA ($200/mo) perks and no-shared-walls privacy. Prime Location: Nature & Recreation at Your Doorstep Unbeatable for outdoor lovers: moments from El Cariso Golf Course fairways, Community Regional Park (tennis, swimming, picnics), world-class foothill hiking, and Stetson Ranch Park with a playground and open green space, the area offers a welcoming, family-friendly atmosphere. The park is often enjoyed by neighborhood residents, creating a vibrant outdoor environment. Convenient access to local schools, shopping, dining, and major freeways including the 210, 5, and 14 adds to the home’s overall appeal. Your new chapter starts here.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
