Welcome to 3637 Centinella Drive, a beautifully updated 5-bedroom home located in the desirable Larchmont Village neighborhood of North Highlands. From the moment you arrive, you'll feel the warmth and comfort this home has to offer. Nestled on a quiet, established street, this spacious home combines modern updates, functional living space, and a large backyard designed for making memories. Step inside and discover a bright, open floor plan filled with natural light from skylights that create an inviting and airy atmosphere. The updated kitchen serves as the heart of the home, while two updated full bathrooms, a newer roof, and a brand-new HVAC system provide comfort and peace of mind for years to come. With approximately 1,664 square feet of living space and five generously sized bedrooms, there's room for everyone—whether you're a growing family, multi-generational household, working from home, or simply looking for extra space to enjoy. The oversized backyard offers endless possibilities. Imagine weekend barbecues, family gatherings, a thriving garden, play areas for children, or a relaxing outdoor retreat. The fully fenced yard provides a secure space for pets and kids, while storage sheds are included for added convenience. An extra-wide driveway offers abundant parking for multiple vehicles, guests, or recreational toys. Living in Larchmont Village means enjoying the convenience of nearby parks, schools, shopping, restaurants, and everyday amenities, all just minutes from home. Residents appreciate the neighborhood's established character, sense of community, and easy access to major commuter routes. Whether you're a first-time buyer searching for room to grow or a family looking for a place to create lasting memories, this home offers exceptional value, comfort, and opportunity. Some homes check the boxes. Others simply feel like home. Come experience the space, warmth, and possibilities of 3637 Centinella Drive for yourself. You'll understand why this is a home you won't want to miss
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.
