Discover a rare High-Desert gem on over an acre of land in Hesperia. This spacious home features three bedrooms with their own private bathrooms — essentially three master suites — making it an ideal choice for multi-family living, extended families, or anyone needing privacy and flexibility under one roof. With nearly 3,800 sq ft of living space, the layout offers separation, comfort, and room to grow. Very cute courtyard to host family and friends. Throughout the home, ceiling fans in every room help keep the house cool during the summer—an added perk that enhances both comfort and energy efficiency. The property includes an impressive 5-car garage setup: Attached 2-car garage with a half bath inside for added convenience. Detached 3-car garage, already fully sheet-rocked, offering huge potential. It can easily be converted into an ADU, workshop, studio, or rental unit. The expansive 1-acre lot also provides ample room to add an additional ADU in the back, while still preserving a large usable yard. With possibilities to create multiple rental units—the detached 3-car garage (future JADU) plus an additional ADU—this property is both a comfortable home and a strategic investment opportunity. One of the biggest advantages of living in the High Desert is its central Southern California location. You're within 1.5 hours of nearly every major attraction: Beaches: Newport, Huntington, Venice Mountains & Snow: Big Bear, Wrightwood, Lake Silverwood Entertainment: Hollywood, Palm Springs Travel & Getaways: Just 3 hours to Las Vegas, and soon only 45 minutes via the new high-speed bullet train. Located in 92345, this home is a standout opportunity where prices are more affordable compared to many surrounding Southern California markets—yet you still enjoy space, convenience, and access to nearly everything California living offers. The sellers are not in a rush and are simply looking for the right buyer who appreciates the property’s uniqueness, versatility, and multi-generational potential. They are hoping to move closer to family, making this transition a meaningful next chapter for them.
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.
