13737 Reva Cir, Cerritos, CA 90703
3 beds · 3 baths · 2,380 sqft
Charming Cul-De-Sac Home in Prime Cerritos Location. Welcome to 13737 Reva Circle, a stunning 3-bedroom, 2.5-bath home nestled in a peaceful cul-de-sac in Cerritos. Spanning 2,380 sq. ft. on a 5,506 sq. ft. lot, this home offers comfort, style, and access to top-rated schools and amenities. Home Features: Spacious Layout – Open-concept living areas, ideal for family gatherings. Flooring Variety – A mix of carpet, tile, and wood floors throughout. Modern Comforts – Central heating & A/C for year-round comfort. Energy Efficient – Equipped with solar panels to help lower utility costs. Epoxy Garage Floors – Durable and stylish garage flooring. Outdoor Space – A generous backyard, perfect for entertaining or relaxation. Top-Rated Schools Nearby: Artesia High School – Just 1.8 miles away, known for strong academics and athletics. Valley Christian Schools – A top K-12 private institution offering a well-rounded education. Prime Location & Easy Commute: Prime Cul-de-Sac Location – Private and family-friendly neighborhood. Close to Major Freeways – Quick access to 91 & 605 Freeways for smooth commuting. Cerritos Towne Center – Shopping, dining, and entertainment just minutes away. Cerritos Library & Local Parks – Enjoy community spaces, recreational facilities, and cultural events. Solar & Roof: fully brand new as of 2023. Solar & roof are financed (not leased) with a remaining balance of 83.5k. The monthly payment is $509, but the sellers don’t have an electricity bill most months. Piping/Plumbing: all copper throughout, except newest bathroom between the bedrooms has some PEX piping. Energy Efficient Windows: throughout the entire property. This really helps keep the internal temperature stable & even, especially with the solar. Soft Water System: replaced old soft water system with a new soft water system in 2021. Mature Fruit Trees: multiple fully mature & delicious fruit-bearing fruit trees in backyard. Backyard Shed: in excellent condition with full electricity.
Source: CRMLS #IG25059334
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #IG25059334
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.