Welcome to 20442 Harbor Isle Lane, a beautifully renovated single-level mid-century modern home located in one of the most desirable neighborhoods of South Huntington Beach. Homes like this are rare, offering the comfort of a true single-story layout with no interior steps, incredible outdoor living space, and a location that perfectly captures the relaxed coastal lifestyle Huntington Beach is known for. From the moment you arrive, the home stands out with its mid-century architecture, clean lines, and inviting curb appeal. Step inside and you’re greeted by an open interior highlighted by vaulted ceilings and expansive living spaces, creating a spacious feel with a seamless connection between indoor and outdoor living. The highly renovated kitchen serves as the centerpiece of the home, blending modern finishes with the timeless character of mid-century design. Thoughtfully updated with stylish materials and a functional layout, it flows effortlessly into the main living areas, making it perfect for both everyday living and entertaining. The beautifully remodeled bathrooms continue the elevated design aesthetic, offering a refined and modern feel throughout the home. One of the true highlights of this property is the incredible backyard retreat. Designed for both relaxation and entertaining, the backyard features multiple outdoor gathering areas, a fire pit lounge space, and lush mature landscaping that creates a tranquil, private setting. Mature fruit trees and thoughtfully designed garden areas add both beauty and charm, making the space feel like your own peaceful sanctuary just minutes from the coast. The location is simply unbeatable. Families love this neighborhood for its close proximity to excellent schools, including Huntington Christian School, Hawes, Moffett, Sowers, Edison, Pegasus, & Saints Simon and Jude. Even better, you are just a short bike ride to the beach, making morning surf checks, sunset rides down the coast, and spontaneous beach days part of everyday life. Whether you're looking for your forever home, a beach-close retreat, or a beautifully designed property in one of Huntington Beach’s most sought-after neighborhoods, 20442 Harbor Isle Lane offers the perfect blend of architectural style, modern upgrades, and coastal lifestyle. Single-level homes with this level of renovation and outdoor living space in South Huntington Beach rarely come available. Don’t miss the opportunity to experience this exceptional Huntington Beach retreat.
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.
