2041 Symonds Dr, Pine Mountain Club, CA 93222
3 beds · 3 baths · 2,360 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This Mountain Paradise Awaits! In this setting is this beautiful, spacious and well maintained 2360 sqft, 3 bd, 2.5 bath Mountain getaway and is nestled in the Scenic Los Padres National Forest and in Kern County, and is on one of only a handful of 1/2 acre parcels (.49) in Pine Mountain Club. The .24 acre lot included, is adjacent to the north, zoned E (1/4), which can be developed to accommodate another home, weekend cabin, or turn it into a beautiful family park, add a horseshoe and volleyball court, your own putting green, or for an investment property. Located approx. 85 miles north of Los Angeles in Pine Mountain Club..... http://www.pinemountainclubrealestate.com/Communities/PINE-MOUNTAIN-CLUB/pine-mountain-club-ca.html and located just 18 miles west of interstate 5. This home boast plenty of fresh air, some of the most breathtaking views, private living and some great amenities. Including; biking, hiking, golfing, horseback riding, tennis, parks, restaurants and clubhouse just to name a few. And the very large scenic views enjoyed from the front deck of his home are only the beginning. This home has recently been upgraded with new high end carpet and paint and a 100% finished and fully furnished basement, with a half bath, gaming area, and includes a home theater and built in surround sound system/media room with new large sectional couch, 75" flat panel TV and beautiful electric fireplace w/radiant heat. The amazingly large and spacious master suite located upstairs is complete with large closets, large windows with views and on-suite bath/shower where you can immerse yourself in the oversized oval tub and window view as well. The two downstairs bedrooms are very spacious also with large windows and including a built in laundry closet, and all rooms are equipped with wall mounted flat panel TV's which will be included. This home is also equipped with a new upgraded high efficient 16 seer central air and heating system four years ago, as well a new "on demand" tank-less hot water heating system with an endless supply of hot water, as well as a new 3 stage water filtration system and over a years’ worth of replacement filters. This home is also equipped with a brand new Generac auxiliary/emergency whole house generator and automatic transfer switch. And with the 120 gallon dedicated LPG tank supply, you can relax knowing that you will have continuous power for prolonged outages up to a comfortable 85 to 120 hours.
Source: CRMLS #OC25045356
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 #OC25045356
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 and Equal Opportunity Act.