10983 Redwood Ave, Hesperia, CA 92345
4 beds · 3 baths · 2,032 sqft
Welcome to this beautifully updated single-story home, offering the perfect blend of comfort and convenience! With four spacious bedrooms, three bathrooms, and a two-car garage, this home has everything you need and more. The open-concept floor plan creates a seamless flow throughout the living areas, ideal for everyday living and entertaining. The chef-inspired kitchen features gorgeous quartz countertops, a dishwasher, a stove, and pendant lighting that adds a touch of elegance. Relax and unwind in the inviting living room, complete with an electric fireplace, ceiling fan, recessed lighting, and high ceilings that provide an airy, spacious feel. The generously sized master suite is a true retreat, offering a luxurious bathroom with dual sinks, a soaking tub, and a walk-in shower. You are going to love the expansive closet that is perfect for storage and organization. This home is equipped with modern amenities, including paid-off solar panels to help save on energy costs and a tankless water heater for endless hot water on demand. The beautifully landscaped front and backyard, featuring low-maintenance gravel, is not only stunning but also designed to save on your water bill. The epoxy flooring in the garage adds a sleek, clean touch, making it both functional and stylish. Located just minutes from the 15 Freeway, restaurants, grocery stores, and shopping centers, this home provides ultimate convenience for your everyday needs.
Source: CRMLS #CV25056474
Financials
Source: CRMLS #CV25056474
Source: Public records
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.