12373 Los Moras Way, Victorville, CA 92392
4 beds · 4 baths · 3,098 sqft
**Introducing an exceptionally spacious residence in Victorville, situated in a commuter-friendly neighborhood conveniently located within close proximity of both of hwy.395 and Interstate 15. This remarkable home features four bedrooms and four full bathrooms, plus a three-car attached garage.** As you enter, you are greeted by a versatile area that can serve as either a separate living or dining space, seamlessly connected to the kitchen via a Butler's pantry. The kitchen boasts a generous Quartz island, ideal for both entertaining and meal preparation, and flows into the great room. This expansive area can be creatively arranged to include a formal dining setup in front of the fireplace, with a cozy family room adjacent to it—limited only by your imagination. The first floor also includes a bedroom complete with a full bath and a convenient laundry room that leads directly to the garage. Ascending to the second floor, you'll discover additional living space in the form of a loft, accompanied by a full bath. Two bedrooms share a Jack and Jill full bath featuring a double sink vanity, while the spacious primary suite offers dual entry to a spacious wardrobe area divided by a glam center. The primary bathroom is equipped with a step-in shower, a separate large tub, and a dual sink counter for added convenience. Don’t miss the opportunity to explore this stunning Victorville home today!
Source: CRMLS #HD25059382
Financials
Source: CRMLS #HD25059382
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.