517 Limoneira Ln, Santa Paula, CA 93060
4 beds · 4 baths · 1,939 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Wow!! A newer Lennar Home at a new Low price. Harvest at Limoneira is a modern community of stylish homes with amenities as plentiful as they are unique.Welcome to this Beautiful 4-bedroom, 4-bathroom home with a loft in the Harvest at Limoneira master-planned community of Santa Paula.The front entrance leads to the dining area and large kitchen with ample storage cabinets, granite counter tops, mosaic tile backsplash, a kitchen island, newer stainless-steel appliances, range and Microwave.The great room with a high ceiling, recess lighting and large windows leads out to the rear yard with stamped concrete and a vinyl-fenced yard with dog run and easy maintenance turf. Continuing down the hall is the powder room and the first-floor private suite with an en-suite and walk-in closet. The second floor features a spacious loft with a ship-lap wall accent, two bedrooms, and a bathroom with dual sinks and a tub/shower. The second-floor main bedroom includes an en-suite with a separate large soaking tub and separate shower stall, dual sinks and a spacious walk-in closet. Additional features include solar panels (owned), air conditioning, ceiling fans in every bedroom, recessed LED lighting, wainscot wall paneling and trim in the living room, beautiful wood-like tile flooring, upstairs laundry room, tank-less water heater, Ring doorbell and more.Enjoy the many community amenities with The Farmhouse multi-purpose room, clubhouse, kitchen, fitness center, yoga studio, pool, spa, fire-pit, playground, gardens, BBQ areas and business center.You will love living here.
Source: CRMLS #225001655
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 #225001655
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.