16126 Cornuta Ave # 117, Bellflower, CA 90706
2 beds · 2 baths · 1,155 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Turn-key, warm & welcoming townhome in Bellflower! Enter to appreciate the spacious living room, dining area, fireplace and upgraded sliding doors to a private patio plus a convenient custom painted bath. Enhanced with thoughtful upgrades this home is move-in ready. The beautifully upgraded kitchen designed for both function and style, featuring sleek countertops, ample white cabinetry, and a seamless flow into the formal dining area. The private patio extends your living space outdoors, offering the perfect spot for morning coffee or evening meals. Upstairs are two oversized bedrooms, each with generous closet space. The full bathroom has two sinks and a shower/tub combination. Spacious laundry closet. Hard surface flooring on both levels plus custom stairs that deserve a second look! Two assigned underground parking spaces ensure convenience and security. Each unit also has an assigned storage closet! Minutes from downtown Bellflower, this location offers seamless access to the 91, 605, and 105 freeways, making commuting a breeze. Bellflower High School is .6 miles away, Cerritos College is a 6 minute drive or Cal State Long Beach is a 20 minute drive. Secure gate & community pool! If you're looking for a home that checks all the boxes - this is it!
Source: CRMLS #25517515
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #25517515
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.