**One-of-a-kind High Desert opportunity just in time for summer.** With beautiful weather already in the high 80s, now is the perfect time to make your move. Situated on over an acre in Hesperia, this spacious home offers nearly **3,800 sq. ft. of living space** and features **three private bedroom suites, each with its own bathroom** ideal for multi-generational living, extended family, guests, or flexible household needs. Unlike many newer construction homes, this property offers character, generous interior space, and a large usable yard. Enjoy a charming courtyard perfect for hosting family and friends, along with ceiling fans throughout, a **ducted swamp cooler**, a **whole-house fan**, and a **large wood-burning stove** features that add comfort and may help reduce energy costs throughout the year. A rare **5-car garage setup** adds even more value and flexibility, including an attached 2-car garage with a half bath and a fully sheet-rocked detached 3-car garage with potential for ADU/JADU use, workshop space, storage, or hobby needs. The expansive 1-acre lot also provides room for a future ADU while still preserving plenty of outdoor space. The yard includes **dwarf trees and bushes producing almond, peach, and mulberry**, adding charm, shade, and a touch of High Desert homestead living offering both lifestyle flexibility and long-term investment potential. Located in the desirable **92345** area, Hesperia continues to offer more attainable pricing compared to many surrounding Southern California markets, while still providing access to beaches, mountains, Hollywood, Palm Springs, and Las Vegas. The sellers are not in a rush and are seeking the right buyer who will appreciate this homes unique layout, space, and potential as they plan their move closer to family. **If youve been searching for space, flexibility, and something truly different from the standard High Desert home, this property is worth seeing.**
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.
