14312 Dumont Ave, Norwalk, CA 90650
3 beds · 3 baths · 1,481 sqft
50k PRICE REDUCTION! Welcome to this beautifully refreshed 3-bedroom, 2-bathroom home with a permitted ADU!, offering the perfect blend of comfort, convenience, and income potential! This property has been meticulously upgraded, boasting modern amenities and stylish finishes throughout. The main house welcomes you with luxury vinyl plank flooring that flows seamlessly through the open-concept living spaces. The heart of the home is the updated kitchen, featuring newer custom cabinets, sleek quartz countertops, and ample space for meal preparation. A bonus room, currently utilized as the primary bedroom, provides a private retreat with its own en-suite bathroom. Two additional bedrooms offer flexibility for family, guests, or a home office. Enjoy the convenience of an inside laundry room, making chores a breeze. Off the kitchen you can step outside through your French doors to discover a backyard designed for relaxation and entertainment. A spacious patio area is ideal for barbecues and gatherings, while the newly installed white vinyl pool fence ensures safety and peace of mind. A large storage shed with windows and shutters provides ample space for all your outdoor essentials. The permitted ADU is a true gem, offering a separate living space complete with its own kitchen, bathroom, washer and dryer hookups, and a private entrance. Enjoy a dedicated front yard/garden area, creating a charming and independent living space. This versatile ADU is perfect for extended family, guests, or generating rental income. Recent upgrades include some copper plumbing, fresh exterior paint, a newer air conditioning unit, a mini-split system, new tile, shower, and flooring in the guest bathroom, and a replaced vinyl pool liner. Conveniently located with easy access to freeways, shopping, and restaurants, this property offers the best of both worlds – a peaceful residential setting with proximity to all the amenities you need. Don't miss this opportunity to own a truly exceptional home!
Source: CRMLS #DW25030939
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #DW25030939
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.