13202 Ballestros Ave, Chino, CA 91710
3 beds · 2 baths · 1,000 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 13202 Ballestros Ave, Chino — a beautifully maintained single-story home tucked in a quiet, well-kept community with fantastic amenities and an unbeatable location! This 3-bedroom, 2-bathroom charmer offers timeless curb appeal with lush landscaping, a cozy front patio, and a warm, inviting feel from the moment you arrive. Inside, you’ll find a light-filled living space with freshly painted walls, updated vinyl flooring and a seamless flow into the stylish kitchen featuring dark wood cabinetry, granite countertops, recessed lighting, and stainless steel appliances—ideal for both everyday living and entertaining. The private backyard is ready for year-round enjoyment with a brand-new Alumawood patio cover, low-maintenance turf, and a spacious shed for extra storage. Residents of this desirable HOA community enjoy access to a sparkling pool, playground, and park, creating the perfect lifestyle blend of relaxation and recreation. Ideally located just minutes from the Chino Spectrum and The Shoppes at Chino Hills, you’ll enjoy convenient access to shopping, dining, entertainment, parks, and major freeways.
Source: CRMLS #TR25082239
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #TR25082239
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.