2311 Presado Dr # C, Diamond Bar, CA 91765
2 beds · 2 baths · 1,158 sqft
Welcome to this stunning two-bedroom, two-and-a-half-bathroom residence, perfectly situated in the highly sought-after Diamond Crest community. Thoughtfully updated throughout, this home boasts a completely reimagined downstairs living space, blending style and functionality for modern living. The beautifully remodeled kitchen is a true showpiece, featuring sleek cabinetry, high-end stainless steel appliances, and elegant finishes, making it an entertainer’s dream. The open-concept living and dining areas offer seamless flow, ideal for gatherings or quiet evenings at home. Upstairs, the spacious primary suite provides a tranquil retreat, complete with ample closet space and a private en-suite bath. A generous second bedroom offers flexibility for guests, a home office, or a growing family. This home has been upgraded with new PEX piping for long-term peace of mind. Located within the award-winning Walnut Valley Unified School District, it offers access to top-rated schools, parks, shopping, and dining. Don’t miss the opportunity to own this beautifully updated home in one of the area's most desirable neighborhoods!
Source: CRMLS #OC25052533
Financials
Source: CRMLS #OC25052533
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.