2841 W Avenue L2, Lancaster, CA 93536
5 beds · 3 baths · 2,414 sqft
Get a free consultation call with an expert in the mortgage assumption process.
**Stunning West Lancaster Pool Home - 5BR/3BA Single Story with PAID Solar!**
Tucked away at the end of a peaceful cul-de-sac in the heart of West Lancaster, this beautifully maintained 5-bedroom, 3-bathroom single story home offers 2,414 sq ft of thoughtfully designed living space--complete with a sparkling pool and spa on a spacious lot you'll absolutely love. From the moment you arrive, the pride of ownership is clear. The clean xeriscape front yard, 3-car garage, paved RV parking, and private front courtyard with gated entry create a warm and welcoming first impression. Inside, upgraded wood plank tile flooring flows through the main living areas, complemented by a smart and open floor plan with high function and great flow. The remodeled kitchen is a true centerpiece, featuring a massive island, beautiful stone countertops, upgraded backsplash, stainless steel appliances, and plenty of storage. It opens seamlessly to the family room, making it perfect for entertaining or everyday living. Each bedroom is generously sized, with plush carpet and plenty of natural light. The primary suite is a retreat of its own with a large walk-in closet and a custom sliding barn door leading into the ensuite bathroom. The 5th bedroom is currently used as an office but can easily serve as a guest room or flex space. You'll also appreciate the brand new A/C and furnace, giving you peace of mind and comfort year-round. Step outside and you'll see why this home is truly special--the backyard is a dream. Enjoy summer days in your private pool and spa, relax under the full-length covered patio, or let the kids play in the included playground. There's a lush grass area, a large gazebo for extra shade, block wall fencing for privacy, and gated/paved RV access for convenience. To top it all off, this home comes with a paid off solar system, helping you save on energy while living in comfort. Meticulously maintained, fully loaded, and in a prime West Lancaster location - Act fast!
Source: CRMLS #V1-29385
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 #V1-29385
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.