14435 Hartford St, Hesperia, CA 92344
4 beds · 4 baths · 2,579 sqft
PRICE REDUCED!!! Exquisite Two-Story Home in Growing Hesperia Community with a FHA Assumable Loan and Buyer incentives toward closing costs! Discover this stunning, nearly 2,600 sq. ft. two-story home, built in 2009 and completely renovated in 2021. Designed to impress, this home boasts numerous upgraded features, including gorgeous laminate wood flooring, and offers the perfect blend of comfort and elegance. As you step through the oversized double front doors, you’re greeted by a beautifully crafted wrought-iron staircase that sets the tone for the rest of the home. To your right, the spacious living room features soaring vaulted ceilings and a warm, inviting fireplace, seamlessly flowing into the formal dining area. The kitchen is a chef's dream, equipped with stainless steel appliances, granite countertops, a high breakfast bar, and a walk-in pantry. The open floor plan leads directly to a large family room, highlighted by a second fireplace, creating the perfect space for entertaining. Downstairs, you’ll also find a full-size bathroom and a convenient, ample laundry room. Upstairs, the impressive primary suite serves as a private retreat, complete with a cozy third fireplace, a generously sized walk-in closet, and a luxurious en-suite bathroom featuring a separate shower, a soaking tub, and dual vanity sinks. The upper level also includes a full-size loft, three additional spacious bedrooms, and a large shared bathroom with two separate sink areas for added convenience. Outside, the low-maintenance front and rear yards are beautifully landscaped with decorative rocks and drought-resistant plants. The backyard features a large decorative concrete patio, perfect for entertaining or relaxing on warm summer evenings. Completing this home is a fully finished three-car garage with two automatic door openers—an uncommon feature in the area. Conveniently located just off the 15 Freeway, this property is close to shopping, dining, and within walking distance of neighborhood schools. Plus the existing FHA loan has an assumable 3.25% interest rate and the seller is also willing to credit $$$ toward buyer closing costs. This home truly shows like a model and is ready for you to make it your own!
Source: CRMLS #SW25003637
Source: CRMLS #SW25003637
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.