1546 Holly Ct, Thousand Oaks, CA 91360
3 beds · 3 baths · 1,301 sqft
This 3BR+2.5BA townhome with huge patio is located in the heart of Thousand Oaks, in the desirable Northwoods community. This 1300 sqft gem is located on a cul de sac and offers privacy and serenity. Enter an inviting red front door and step into a spacious living room with exposed wood beams and gas fireplace. The very functional kitchen has a pantry, stainless steel appliances including Frigidaire refrigerator, new backsplash, ample counter space and a breakfast counter overlooking the dining room. Just off the kitchen is direct access into your private 2 car garage with laundry area. The washing machine and dryer are included. There’s also a recently renovated powder room with tasteful gray tiles and new vanity. The downstairs is cheerful and flooded with natural light, thanks to 2 oversized sliders leading to the backyard. The size of the back patio rivals a home’s backyard! Bring your green thumb and imagination, and turn this space into an outdoor oasis. Upstairs are 3 bedrooms and 2 full bathrooms. The owners made a smart change to the original layout, creating 2 FULL bathrooms upstairs. Other similar-sized units share only 1 bathroom upstairs, but this unit has primary bedroom with it's own private bathroom with spacious shower and closet. A rare find. Two other bedrooms upstairs have natural light and share the hall bathroom. You'll have ample driveway parking in addition to the private garage. Top rated schools including Thousand Oaks High School. Close (but not too close!) to freeways, CA Lutheran University, hiking trails and shopping areas. Amenities included in your monthly HOA…lush mature landscaping, sparkling pool and spas, tennis, pickle ball and basketball courts, greenbelts and picnic area, exterior insurance, plus boat/RV parking available. Stop renting and start building equity today!
Source: CRMLS #SR25044184
Financials
Source: Public records
Source: CRMLS #SR25044184
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.