PROFESSIONAL PHOTOS AND VIDEO COMING SOON Turnkey and thoughtfully re-imagined, this beautifully renovated 3-bedroom, 2-bath single-story home sits on an oversized corner lot within a quiet cul-de-sac—offering a rare blend of privacy, style, and convenience just minutes from the best of Huntington Beach. Inside, a light-filled open layout showcases wide-plank luxury vinyl flooring, designer finishes, and an effortless flow throughout. Dual-pane windows and expansive sliding glass doors bring in natural light while enhancing the connection between interior living spaces. The fully redesigned kitchen anchors the home, featuring sleek quartz countertops, stainless steel appliances, and modern hardware—ideal for both everyday living and entertaining. Major system upgrades provide peace of mind, including a newer roof (approx. 4 years old), updated PEX plumbing, new doors and windows throughout, and contemporary lighting—delivering both efficiency and long-term value. The outdoor space is both functional and versatile, offering a large, usable yard with newly seeded lawn, full irrigation in the front and rear, and block wall fencing for added privacy. With its generous footprint and clean layout, the space is ready to be enjoyed as-is or customized to fit your vision. An attached two-car garage and freshly poured driveway add convenience, along with dedicated washer and dryer hookups. Ideally located less than five miles from the coastline and the vibrant energy of Downtown Huntington Beach, this home provides easy access to beaches, dining, shopping, and entertainment. Nearby highlights include Mile Square Regional Park, top-rated schools, and convenient freeway access—making this a strong opportunity in one of Orange County’s most sought-after coastal markets.
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.
