1439 Vanguard Ct, Merced, CA 95348
4 beds · 2 baths · 1,435 sqft
Nestled in a highly desirable North Merced neighborhood, this stunning home offers the perfect combination of modern comfort, style, and convenience. Boasting a thoughtfully designed floor plan, this move-in-ready gem features three spacious bedrooms, two bathrooms, making it ideal for both relaxing and entertaining. The open-concept kitchen, dining, and living areas flow seamlessly, creating a warm and inviting atmosphere perfect for gatherings with family and friends. Recent renovations have elevated this home’s appeal, including newer interior and exterior paint, updated appliances, stylish light fixtures, and more! The private principal suite, located at the rear of the home, serves as a peaceful retreat, complete with a well-appointed en-suite bathroom featuring dual sinks, a separate soaking tub, a walk-in shower, and a spacious walk-in closet. Step outside to discover a large side backyard, offering endless possibilities—it’s the perfect space to add a swimming pool, create an outdoor oasis, or accommodate RV parking. Situated in a quiet cul-de-sac, this home provides both privacy and easy access to UC Merced, shopping, dining, parks, and freeway access, making it an excellent opportunity for first-time homebuyers and savvy investors alike. With so much to offer, this beautiful home won’t last long—schedule your private showing today!
Source: CRMLS #MC25028745
Source: CRMLS #MC25028745
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.
What 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.