21041 Strathmoor Ln, Huntington Beach, CA 92646
3 beds · 2 baths · 1,559 sqft
Welcome to 21041 Strathmoor Lane, a stunning single-story coastal home nestled in the highly sought-after South Huntington Beach tract of La Cuesta—and just a bike ride to the beach! Step into a bright and airy open-concept living space, featuring soaring cathedral ceilings, a cozy fireplace, and dual-pane windows that flood the home with natural light. This beautifully updated residence boasts new rich white oak luxury vinyl flooring throughout and tastefully remodeled bathrooms that exude modern elegance and functionality.The extra-large kitchen seamlessly flows into the family room, creating the perfect setting for entertaining and everyday living. Ideally located just minutes from fine dining, Pacific City’s vibrant shopping and entertainment district, and world-class beaches, this home also offers convenient access to top-rated, Top schools and scenic parks. Enjoy iconic surf spots, trendy boutiques, and the charm of nearby Newport Beach—just over the bridge on Pacific Coast Highway. Come experience the best of Surf City living and all it has to offer!
Source: CRMLS #OC24239965
Financials
Source: CRMLS #OC24239965
Source: Public records
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%. 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.
Other resourcesWhat 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.