37275 Ironwood Dr, Yucaipa, CA 92399
4 beds · 4 baths · 4,430 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this stunning custom home, nestled among mature oak trees and surrounded by nature's beauty. This spacious haven offers nearly 4,500 sq. ft. of living space, designed for comfort, connection, and endless possibilities all at the lowest price per square foot in the area. The main living areas are conveniently located on the upper level, creating an inviting flow from room to room. The elegant living room, complete with a charming brick fireplace, sets the stage for cozy gatherings. The expansive, newly renovated kitchen boasts a large island, sleek finishes, and windows that frame breathtaking outdoor views, making it the perfect space to cook and entertain. The home features new Anlin windows and sliders throughout, allowing natural light to pour in and offering energy efficiency. Retreat to the luxurious master suite, where a large picture window provides serene views. This private oasis includes a spacious walk-in closet, a soaking tub, a separate shower, and brand-new, beautiful flooring. Over-sized bedrooms ensure that everyone has their own comfortable retreat. The upgraded HVAC system, complete with enhanced ducting and insulation, adds to the home's energy efficiency and year-round comfort. The lower level opens up even more opportunities, featuring a custom-designed cantina, a full bath, a bedroom, and a generous open space. Whether you envision a game room, home theater, teen hangout, or a combination of all three, this level offers the flexibility to make it your own. New carpeting, a freshly renovated kitchen, and a paid-off solar system make this home move-in ready. Additionally, a newly built back deck provides the perfect outdoor retreat to take in the lush natural surroundings, ideal for adventures and lasting memories. Practical upgrades have been thoughtfully added, including roof channels designed to allow for proper drainage and prevent debris accumulation. Plus, with a transferable loan at just 4.62%, this home presents an incredible opportunity. Don't miss your chance to make this home yours! "assume this home at 6.84% and save thousands annually"
Source: CLAW #24464999
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: CLAW #24464999
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.