1357 W Norwood St, Rialto, CA 92377
3 beds · 2 baths · 1,149 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautiful and cozy home in North Rialto that has been lovingly updated with the best in class. This move-in-ready home offers the perfect blend of style, comfort, and convenience with great views—especially on the 4th of July! Recent updates include a fully remodeled kitchen featuring stainless steel appliances, quartz countertops and backsplash, remodeled bathrooms, fresh paint in and out, recessed lighting, and modern finishes. The home also includes a beautiful fireplace with handmade mantel, vaulted ceilings, dual pane windows, and ceiling fans throughout. Wood tile flooring in the main areas and laminate in the bedrooms, Thoughtful updates like modern lighting, mirrored closet doors and ample storage space in every room make everyday living easy. Indoor laundry for added convenience includes washer and dryer. Step outside to enjoy a spacious backyard complete with a covered patio, storage shed, RV parking, raised beds, table grape vines, and mature avocado and orange trees. Centrally located near the beach, mountains, and desert, this home offers the best of SoCal living. Whether you're enjoying the views or heading out on an adventure, you'll love calling this place home. Don’t miss out—schedule your private tour today!
Source: CRMLS #IV25083265
Source: CRMLS #IV25083265
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.