24336 Verdugo Cir, Valencia, CA 91354
3 beds · 3 baths · 1,850 sqft
One Owner 2016 Built Home! This elegant two-story home offers 3 Bedroom, 2.5 Bath. Bright and large floorplan with a private side yard great for family gatherings or your morning coffee. Enjoy the convenience of keyless door entry, recessed lighting and all stainless-steel appliances included. The kitchen is great for entertaining with a huge center island open to family room and formal dining area. A conveniently located powder room is perfect for guests on the first floor. Upstairs, you'll find the laundry room, all three bedrooms, and two full bathrooms. The master Luxurious master suite offers two walk- in closets, double Sinks, soaking tub plus walk-in shower. Two car attached garage with direct access. West creek offers tons of guest parking, modern clubhouse, large park, pool, spa, BBQ and picnic areas, playground, and basketball court. Take advantage of the 9/10 school district for both Elementary and high school. Two blocks away from Starbucks, Car Wash, Gas station and several fast-food chains!
Source: CRMLS #GD25014364
Financials
Source: CRMLS #GD25014364
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.