Sunlight, space, and an effortless indoor outdoor lifestyle come together in this beautifully remodeled Thousand Oaks home. Bright and inviting from the moment you enter, the interiors are designed to feel open, airy, and calm, with natural light pouring in throughout the day and creating the kind of warmth that makes a house instantly feel like home. Vaulted ceilings and expansive windows enhance the sense of volume, while the thoughtful updates throughout give the home a refined yet approachable feel that appeals to today's modern buyer.The layout is built for real life and elevated entertaining. Updated finishes, clean lines, and a refreshed modern feel deliver that move in ready experience, while the flow of the home keeps everything connected and comfortable whether you are hosting a lively dinner, enjoying a quiet morning coffee, or simply spreading out and relaxing. The kitchen and main living spaces transition seamlessly, creating a natural gathering place at the heart of the home. Each room feels intentional, offering both function and style without sacrificing comfort.Step outside and it only gets better. A large backyard offers the kind of space that is increasingly rare, perfect for gatherings, play, pets, garden dreams, and weekend celebrations under the open sky. There is room to create the ultimate outdoor retreat, whether that means adding a pool, building out a custom patio lounge, or designing a lush garden escape. This is the setting where birthdays happen, friends stay longer than planned, and summer nights turn into lasting memories.All of it set within the highly desirable Thousand Oaks lifestyle, close to top rated schools, local shopping, dining, and the surrounding natural beauty that makes the Conejo Valley such a sought after place to call home. With convenient access to parks, hiking trails, and everyday essentials, this home offers not just a place to live but a lifestyle defined by comfort, connection, and ease.
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.
