Welcome to this charming and well-maintained single-family home nestled in the heart of Hesperia, where generous space, recent upgrades, and unbeatable value come together to create the perfect opportunity for today's first time buyer. Sitting on an expansive 19,000 square foot lot nearly half an acre this property offers the kind of breathing room and outdoor freedom that is increasingly rare at this price point in San Bernardino County. Step inside and immediately notice the difference that thoughtful updates make. Brand new flooring flows throughout the home, creating a fresh, modern feel that is completely move-in ready from day one. With 2,236 square feet of living space spread across 4 bedrooms and 2 bathrooms, there is more than enough room for a growing household to spread out, settle in, and truly make this home their own. The cozy fireplace anchors the main living area, setting the perfect ambiance for cool High Desert evenings and creating a warm, inviting heart to the home. The big-ticket items have already been taken care of a new roof and a newer HVAC system mean you can move in with total peace of mind, knowing the most critical systems in the home are in excellent shape and ready to perform for years to come. No costly surprises, just comfort and confidence from day one. Outside, the possibilities are truly endless. The nearly half-acre lot provides extraordinary space for entertaining, gardening, adding an ADU for additional rental income, parking an RV or boat, or simply giving children and pets the room to roam freely under the wide open High Desert sky. And with a rare 3-car garage, you will never have to worry about parking or storage again a feature that buyers in this market consistently rank as a top priority. Located near Krystal School and the prestigious Hesperia Golf & Country Club, this home sits in a well-established community that balances quiet residential living with convenient access to everyday amenities. Whether you are a first-time buyer ready to stop renting and start building equity, or simply looking for exceptional space and value in San Bernardino County this is the opportunity you have been waiting for. Priced at $438,000 with a lot this size and upgrades already done, this one will not last. Schedule your private showing 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.
