325 N Magnolia Ave, Anaheim, CA 92801
2 beds · 2 baths · 1,143 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautifully Upgraded Townhome in Magnolia Lane: Move-In Ready! This highly desirable, upgraded 2-bedroom, 2-bath townhome in the sought-after Magnolia Lane Community, built in 2007 by KB Homes, is ready for its new owners! As an elegant end-unit, it is bathed in natural light and boasts soaring ceilings that enhance its spacious feel. The inviting living room features a cozy fireplace perfect for gatherings with family and friends. Adjacent to it, the dining area opens to a private balcony, seamlessly extending the living space for relaxation and entertaining. The interior is meticulously maintained, showcasing stunning genuine oak wood flooring throughout, brand-new carpet in the bedrooms, recessed lighting, and stylish plantation shutters. The gourmet kitchen is thoughtfully appointed with a refrigerator, original appliances, and a breakfast counter that connects to the living area, creating an effortless flow. The spacious master suite offers a luxurious retreat with a large master bathroom, dual sinks, and a walk-in closet. A newly installed stacked washer and dryer add convenience, while the oversized attached 2-car garage provides ample storage and includes two additional driveway parking spaces. Surrounded by lush greenery, the community offers fantastic amenities, including a playground and BBQ areas. Conveniently located near the 5 and 91 freeways, as well as shopping, dining, and top-rated schools, this home is a must-see! Additionally, the owner has conducted a home inspection, confirming that no known major material defects were foundoffering peace of mind to future homeowners.Don't miss this opportunityschedule your showing today!
Source: CLAW #25512952
Source: CLAW #25512952
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.