Welcome to this beautifully upgraded home featuring all with low HOA and No Mello-Roos nestled at the end of a quiet cul-de-sac within coveted Pacific Grove. From the moment you step through the front door, you are greeted by soaring two-story ceilings and an abundance of natural light that fills every corner of this thoughtfully designed home. Freshly painted throughout, the bright and airy interior feels both elevated and effortlessly welcoming — the kind of home that simply feels good the moment you arrive. The open floor plan connects the living spaces beautifully, anchored by a dramatic stacked stone fireplace that serves as the heart of the home. Whether you're hosting a crowd or enjoying a quiet evening in, this space delivers. The kitchen has been upgraded with rich cabinetry, granite countertops, a stone tile backsplash, and stainless steel appliances; including a double oven built for the home chef who means business. The kitchen opens seamlessly to the living and dining areas, making gathering feel natural and easy. A convenient guest bath is located downstairs, along with a private laundry room. The direct-access attached two-car garage completes the main level with ease and function. Upstairs, all four bedrooms await, generously sized and filled with natural light. The primary suite is a true retreat, offering an en suite bathroom with dual sinks, granite counters, a soaking tub, and a beautifully upgraded separate tile shower — your personal sanctuary at the end of every day. The secondary upstairs bathroom has been fully refreshed with a new vanity, new hardware, new flooring, and a stunning tile shower with every detail considered, nothing overlooked. Step outside and prepare to be wowed. The entertainer's backyard is nothing short of exceptional featuring a fully built-in outdoor kitchen with BBQ, granite countertops, and a sink, all under a covered pergola. Gather around the stacked stone firepit, pull up a seat at the high-top bar, and enjoy those warm Santa Clarita evenings under the open sky. This yard was made for making memories. And the community? Just as lovely. Pacific Grove offers a pool, spa, sport court, and picnic area. Just minutes from shopping, dining, and so much of what Santa Clarita has to offer. Don't miss out on the opportunity to make this beautiful home yours today!
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.
