1144 W Jacinto View Rd, Banning, CA 92220
3 beds · 2 baths · 1,022 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this charming and move-in-ready single-story home located in the heart of Banning, California. This well-maintained residence offers 3 spacious bedrooms, 1 full bathroom, and 1 half bathroom across 1,022 square feet of living space, all set on a generous 7,405 square foot lot. The home features a beautifully landscaped front yard with a lush green lawn, decorative planters, and a covered front porch — perfect for enjoying your morning coffee or relaxing in the evening. Inside, you'll find updated interiors that reflect pride of ownership, including modern finishes and a comfortable layout ideal for both everyday living and entertaining. Additional highlights include a separate storage room with a brand-new roof (installed just one year ago), providing extra space for your tools, hobbies, or seasonal items. Located in a friendly neighborhood, this home is part of the Banning Unified School District with schools like Central Elementary, Nicolet Middle School, and Banning High School nearby. Enjoy convenient access to local dining options including Johnny Russo’s Italian Kitchen and Gramma’s Country Kitchen, as well as nearby parks and shopping centers. Whether you're a first-time buyer or looking to downsize, this upgraded home offers the perfect combination of comfort, functionality, and location.
Source: CRMLS #IV25075333
Source: CRMLS #IV25075333
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.