3756 Jolly Roger Way, Oxnard, CA 93035
3 beds · 3 baths · 1,389 sqft
Don't miss the chance to own this beautiful 2007 three bedroom and two & 1/2 bath home near the scenic Seabridge Marina! The bright and open floor plan boasts of a spacious kitchen with granite countertops, generous cabinetry, newer recessed lighting, newer stainless steel appliances, dual compartmant farm sink and a breakfast bar. Newer gorgeous designer vinyl plank flooring and high baseboards. Lovely dining area with slider overlooks a spacious and deep patio with installed pavers just perfect for enjoying casual days and evenings. The airy living room offers large windows and a multi-purpose alcove. Home has abundant natural light and also boasts of newer A/C and newer canned lighting. The downstairs laundry area accommodates a side-by-side washer and dryer (stays with home) and area finished off with a updated 1/2 bath. The spacious primary suite offers large windows and walk-in closet with attached bath showcasing dual sinks, a deep bathtub with shower, a separate commode room with window. There are two additional generously-sized bedrooms and one full updated guest bathroom. The attached roomy 2-car garage provides direct access and currently used as a home GYM (Gym can stay) Garage also highlights added electrical outlets and lighting. New water heater. Home is an end unit with large gated patio. This lovely Orbela community features a playground, community dog park and a picnic/BBQ area. Low HOA fees ($255)! (No mello roos taxes) Just minutes away from Seabridge Marina, wonderful shopping and restaurant options, walking distance to award winning elementary school and a short bike ride to Channel Islands Harbor and Oxnard Beaches. (The current VA loan can be assumable with 3.99% rate...but this is not required or necessary, just one option for a VA buyer)
Source: CRMLS #V1-28497
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #V1-28497
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 of Equal Opportunity Act.