10621 Point Lakeview Rd, Kelseyville, CA 95451
3 beds · 2 baths · 1,508 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Exceptional Custom Built Home in Prime Riviera Location! Excellent traditional floor plan, enjoy single-level living with easy access to the beautiful surrounding gardens. The welcoming entry foyer includes a coat nook and guest closet. An expansive living room and dining area feature elegant oak hardwood floors and the open concept allows for multiple layout options for furnishings. Spacious kitchen with granite counters , bar seating area, and recently upgraded high-end stainless steel appliances. The primary suite includes an oversized bedroom with vaulted ceiling and French doors leading to decking and the rear yard area. Attached is a dressing lounge area with tiled floor and granite countered double sink vanity, a separated shower/tub combination , and a huge walk-in closet! 2 additional bedrooms on the opposite side of the house enjoy lots of natural light and garden views. A shared bath is in the hallway with another tub/shower combination. Separate laundry room with tiled floor. The builder constructed the home in 2005, it was designed and built as his own home to include luxury finishes and Milgard windows. The oversized .25 acre level lot triangulates at the rear and the result is an expansive private, quiet rear yard. A wonderful outdoor sanctuary featuring trellis-covered decking, a paver stone platform that is perfect for outdoor dining, firepit, and a beautiful hot tub/ spa! Raised bed garden area, multiple fruit trees, and grape vines with live oaks providing shaded areas. At the rear of the parcel, a barn-style storage building that includes a vinyl window has been installed on a level pad: potential for she shed, workshop, hobby room, or even a distraction-free home office. A vacant parcel behind part of the property and a huge community greenway along the west property line allow for a rural feel and open natural views in addition to the added privacy provided. The sunny front yard area includes 2 leveled paver stone seating areas, water feature, and more planting beds for flowers and/or vegetables. Both front and rear yards are finished with low maintenance, fire resistant natural rock gravel ground cover. Huge finished and insulated 2 car garage with easy interior access. Lengthy level driveway area with separate gravel parking pad and more parking all along the street frontage. Seller has carefully maintained the home and grounds so it is move-in ready. A leased solar energy production system is in place with battery storage.
Source: CRMLS #LC25066622
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #LC25066622
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.