VA loan
1 of 27
VA loan

16220 Glenhope Dr, La Puente, CA 91744

3 beds · 2 baths · 1,301 sqft

Charming California Farm-Style Home has been completely re-imagined with Modern Upgrades with an additional 500 sqft Bonus room. Welcome to your dream home! This beautifully redesigned 3-bedroom, 2-bathroom California farm-style gem offers 1,301 sq-ft of living space, plus an incredible enclosed patio bonus room approx 500 sqft, (500 bonus+1301 house= 1801 sqft total) adjacent to the new kitchen and dining room. With every detail thoughtfully updated, this home is ready to impress! A Complete Renovation: New Central Air and Heating, New dual pane windows throughout, doors, flooring, recessed lighting, and modern finishes throughout. Designer All New Kitchen: Featuring stainnless steel appliances, a sleek oven and stove, dishwasher, new sink, custom real wood cabinets, and elegant Quartz kitchen countertops. Spa-Like Bathrooms: Both bathrooms have been completely updated with contemporary fixtures, showers and tubs, wood cabinets and quartz countertops. New Living Spaces: The bonus room offers endless possibilities. You will love for your toys/hobbies the fully finished garage with wall to cieling interior style complete, perfect for a future conversion adding living space. A garage is connected to the house. Outdoor Living at Its Best. Situated on a large 6,318 sqft, 100% flat lot with all new fresh grass, that is enclosed with cement front wall tall wood fencing for plenty of privacy and security. The large backyard is perfect for entertaining—host birthday parties, family gatherings, casual outdoor yard games, or have an outdoor dinner in a serene, private setting. There are Modern Upgrades for Comfort & Peace of Mind. New HVAC system for heating and cooling, recessed lighting, newer roof, updated mostly Copper plumbing, new 220 electrical panel can charge your electric vehicle fast, and easily energize the home for worry-free living, all new kitchen, all new bathrooms, and all new dual pane windows throughout. Convenient indoor laundry room adds functionality to your daily routine. Plenty of yard space for kids, pets, or gardening. This home is the perfect blend of timeless charm and modern farm style and convenience. With its spacious layout, private outdoor areas, and countless upgrades, it’s ready for you to move in and make lasting memories. Add a 4th bedroom in the bonus room!-schedule a viewing today! City fire hydrant is in front of house Industry Hills Golf course down the street, drive your golf cart from home to 1st Hole and tee off!.

Location
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Loan details
Monthly payment

All values shown are estimated costs / mo.

Total
$2,333
Principal & interest
$1,208
Mortgage insurance
-
Property taxes
-
Home insurance
-
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,801 sqft
Lot size
0.1451 acres
Year built
1959
Type
Single Family Residence
HOA dues
$0.00

Source: CRMLS #SB25021504

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 14, 2025 07:59 pm
Listing agent: Luis Gonzalez
Listing provided courtesy of: Vista Sotheby’s International Realty (310) 349-3000
Details provided by CRMLS and may not match the public record.
MLS ID: #SB25021504
Based on information from California Regional Multiple Listing Service, Inc. as of Apr 25 2025 - 08:42 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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