Welcome to Parkview Estates in beautiful Moorpark — where peaceful streets, top-rated schools, nearby parks, and a true sense of community come together to create an exceptional lifestyle. If you’ve been searching for a thoughtfully upgraded home in a quiet neighborhood that rarely comes available… this is it. Lovingly maintained by the original owners for 43 years, this light-filled home offers nearly 1,800 square feet of flexible living space with an open and airy feel. The flexible floor plan features four bedrooms and two bathrooms, with two bedrooms downstairs, including the primary suite conveniently located on the main level. Step inside and you’ll immediately notice the spacious dual living areas, generous dining space, and a beautifully remodeled open kitchen that truly anchors the home. Enjoy quartz countertops, stainless steel appliances, abundant storage, and seamless flow into the main gathering areas, perfect for entertaining or everyday living. The primary suite offers comfort and privacy with a remodeled ensuite bathroom designed for both style and function. Upstairs, you’ll find two additional bedrooms and upgraded bathroom, providing separation and flexibility. Major upgrades provide peace of mind and energy efficiency, including a newer roof, upgraded HVAC system, paid solar panels, updated dual-pane sliders, newer luxury vinyl plank flooring, upgraded exterior siding and paint, upgraded stair railing, and enhanced hardscape with drought-tolerant turf. The backyard is designed for easy California living, featuring low-maintenance landscaping, a charming playhouse (or storage shed), and a motorized shade cover for comfortable outdoor enjoyment year-round. Located in one of Moorpark’s most sought-after neighborhoods, Parkview Estates offers close proximity to parks, recreational amenities, and highly regarded schools, all within a tucked-away and close-knit community setting. This floor-plan rarely come on the market, making this a unique opportunity for buyers seeking both lifestyle and long-term value. If you’ve never considered Moorpark, now is the time to discover why so many people are proud to call it home. Schedule your private tour today and experience the comfort, quality, and community this exceptional home has to offer.
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.
