11254 Fisherman Ln, Victorville, CA 92392
5 beds · 3 baths · 2,479 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home! This stunning 5-bedroom, 3-bath gem combines luxury and comfort, featuring a loft, a downstairs bedroom, and paid-off solar for energy savings. Partially furnished with flat-screen TVs, premium surround sound, and brand-new beds in all five bedrooms, this home offers entertainment and relaxation at its best. The open floor plan connects the living room to a spacious kitchen with a granite island and stainless steel appliances, including a touch-screen refrigerator, dishwasher, and microwave, while elegant shutters provide style and light control. A Whirlpool washer and dryer add convenience to the laundry room, completing the home’s top-tier amenities. The 3-car garage includes a tankless water heater, water softener, and full home purification system. Nestled in a quiet neighborhood with no HOA, it’s conveniently located near highways 395 and 15, and minutes from shopping, dining, and schools. With the area’s growth and the upcoming Brightline train to Las Vegas, this turnkey home, with an assumable 4.625% mortgage, won’t last—make it yours today!
Source: CRMLS #HD24212081
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #HD24212081
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 of Equal Opportunity Act.