Welcome to what can only be described as "The Gem of The Met" a rare top-floor 2 Bedroom + 2 Bathroom + Loft "Plan G" residence with approximately 920 sq ft per public records, where light, space, and ease of living come together in a way that just feels right the moment you walk in. The loft offers flexible additional living functionality ideal for office, creative, guest, or bonus space. Mornings begin with soft natural light pouring through the desirable north-facing windows, filling the home without the harsh afternoon heat and helping maintain a comfortable, calm, and energy-efficient environment year-round. The soaring vaulted ceilings create an immediate sense of openness, while the loft above framed by expansive views offers exceptional flexibility as a home office, creative studio, guest space, or quiet retreat to recharge. The flow of the home feels effortless. The open living space connects seamlessly to a thoughtfully refreshed kitchen and interior featuring recent repainting and newer carpeting throughout, along with a new microwave and new sink, creating a clean, refreshed, move-in-ready environment that feels both warm and inviting. Tucked beneath the stairs, a generous storage closet adds a level of practicality rarely found, keeping everyday living organized without disrupting the aesthetic. Step outside and the lifestyle truly reveals itself. Your private patio becomes a front-row seat to the Fourth of July fireworks over Warner Park, just one block away. Throughout the year, the park becomes an extension of your backyard hosting concerts, events, and open green space that bring energy and community right to your doorstep. Set along a private walk-up, this residence offers a level of quiet and privacy that is difficult to find, with minimal foot traffic and respectful neighbors contributing to a peaceful living environment. Just moments away, The Met's resort-style amenities create an everyday vacation atmosphere, including 4 sparkling pools and spas, 6 lighted tennis courts, a fitness center, indoor basketball and racquetball courts, sauna, playground, scenic walking paths, beautifully landscaped grounds, and 24-hour guard-gated security. Beyond the gates, everything you need is within reach. This is a highly walkable neighborhood with Ralphs, Whole Foods, Trader Joe's, and Sprouts all nearby, along with premier shopping, dining, movie theaters, and entertainment. For additional convenience, the dedicated Burbank Boulevard entrance serving only four buildings allows you to bypass the heavier traffic flow of the main Canoga entrance, making daily access feel effortless. And looking ahead, the location continues to gain momentum. Just blocks away, the Los Angeles Rams Village development is taking shape bringing a major new mixed-use destination with shopping, dining, entertainment, offices, hotels, parks, and community space. It represents an exciting evolution of the neighborhood and positions this home within an area experiencing meaningful long-term growth and investment. This is more than simply a place to live, it is a home that truly feels good to come home to. A rare opportunity to own one of the highly desirable and infrequently available 2+2+Loft Plan G residences that balances light, privacy, convenience, lifestyle, and future potential in one of the most desirable locations within The Met.
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.
