57050 Knollwood Dr, Anza, CA 92539
5 beds · 3 baths · 2,424 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This custom-built home exemplifies quality craftsmanship, constructed with durable 2x6 walls for enhanced structural integrity and energy efficiency. The exterior was freshly painted this year, adding to its impeccable curb appeal. The property is equipped with a robust 400-amp electrical service, split into 200 amps for the home and 200 amps allocated for a future ADU, offering incredible flexibility for expansion. The newer septic system, installed in 2020, ensures reliability, while the 300-foot-deep well, recently serviced and upgraded with new PVC piping, provides a dependable water source. Nestled atop its own private hill, the home offers breathtaking views of the surrounding landscape, making it a serene retreat. Whether you’re enjoying the thoughtfully designed interiors or envisioning future projects like an ADU, this property combines practicality with beauty for a truly exceptional living experience. 5 spacious bedrooms and 3 luxurious bathrooms within 2,424 square feet of living space. Nestled on 6.21-acre lot,. The kitchen has Oak cabinets and granite tile countertop, the 5th bed is a mother-in-law suite with private entrance and private bath, huge laundry room and efficient tankless water heater. Come make this your new home, Seller motivated!!
Source: CRMLS #SW24181528
Source: CRMLS #SW24181528
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.