11633 Imperial Hwy, Norwalk, CA 90650
3 beds · 2 baths · 1,149 sqft
Chic Gem in Prime Location – 3 Beds, 1.5 Baths! Welcome to your next chapter in this tastefully remodeled 3-bedroom, 1.5-bath home, where comfort meets contemporary in a seamless blend. This property, purchased 7 years ago by the sellers as a probate sale, has been transformed into a stunning retreat with thoughtful upgrades designed for modern living. Interior features include modern upgrades: Enjoy a new HVAC system, energy-efficient vinyl windows, and updated electrical and copper plumbing. A tankless water heater and water softener system add to the home’s efficiency and comfort. The heart of the home is its new kitchen, designed with sleek finishes and fixtures. The bathrooms have been revitalized with a fresh, modern look, complementing the stylish aesthetics throughout. Even the indoor laundry room provides stylish practicality and convenience, enhancing the home's functionality. While this home is impeccable on the inside, the outside offers the unique opportunity to complete this gem with your own personal vision! It’s prepped and primed for painting, allowing you to choose the color that best suits your taste, giving your new home your own thoughtful touch . Conveniently Located: Set in a desirable neighborhood, and within the Little Lake City School District, this home is ideally situated close to essential amenities and major freeways, offering the perfect balance of tranquility and accessibility. Whether you’re entertaining friends or enjoying a quiet evening, this home is designed to cater to all of life’s moments. This property is not just a house; it's a lifestyle waiting to be lived. Perfect for those stepping into homeownership, it promises style, efficiency, and the unique chance to make it truly your own. Act quickly, as a home with this much appeal is sure to attract attention fast!
Source: CRMLS #PW25066696
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #PW25066696
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.
