Just up the street from the Bolsa Chica Wetlands, Huntington Harbour, and the coastline sits this beautifully designed 2 bedroom, 2 bath Huntington Beach villa. As you step inside the welcoming entryway, you are greeted by a large living room, filled with abundant natural light and anchored by a cozy fireplace. Neutral vinyl wood flooring flows seamlessly throughout, creating a comfortable, easygoing atmosphere suited for quiet evenings or lively gatherings. The large, remodeled designer kitchen blends style with everyday function, offering high-end cabinetry, granite countertops, stainless steel appliances, and a spacious pantry with pull-out drawers that make staying organized feel effortless. The space invites both casual mornings and more thoughtful meal preparation. Adjacent, a separate den provides a versatile extension of the home, perfect as a home office, media room, or a quiet retreat when you need a little separation from the main living areas. Next, enter the thoughtfully placed dining area, framed by newer windows that invite in soft natural light and create an easy flow between spaces, ideal for both everyday living and entertaining. The primary suite feels like a true retreat, generous in size and designed for comfort, with direct access to the balcony. An ensuite bath has been beautifully updated with a new double sink vanity and quartz countertops, along with a soaking tub and separate shower. The second bedroom offers its own private ensuite bath, providing comfort and privacy for guests, extended stays, or a secondary primary setup. And when you want to enjoy the outdoors, step outside to the private balcony, where gentle coastal breezes and distant mountain views offer a peaceful moment of escape. Throughout the home, thoughtful details like plantation shutters, newer windows and central air conditioning add to the overall comfort, while an in-unit stackable washer and dryer and two side-by-side parking spaces with ample additional storage bring everyday convenience. Beyond the home, the community is well maintained and welcoming, featuring an elevator, a tranquil courtyard with a fountain, and resort-style amenities including a pool, spa, and inviting common areas designed for relaxation. All of this is set in a location near shopping, dining, walking trails and just minutes from the beach. What a beautiful place to call home!
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.
