6066 Knoll Pl, Banning, CA 92220
3 beds · 3 baths · 1,741 sqft
Welcome home to this modern 2-story situated within the community of Atwell Homes, in a prime neighborhood location at the end of a spacious cul-de-sac. The front yard exhibits impressive curb appeal with a beautiful, drought friendly, low maintenance, colorful rock river like bed and plants, an oversized steppingstone path, and frontal views of the hills. The generous backyard features an attached stucco patio cover just off the rear sliding glass door, complete with recessed lighting. It also has 2 spacious side yards with plenty of space to create an entertainer’s dream of a backyard. The roof solar panels will help you conserve financially on energy. As you step inside, you’ll enjoy the open concept living space. The kitchen boasts rich, contemporary cabinetry, a chef’s island with bar seating, granite countertops, stainless steal appliances, and a pantry closet. Upstairs, you’ll appreciate the huge Primary Suite with a soaker tub, separate shower, double sinks topped with quartz countertops, and a grand walk-in closet. The separate laundry room with linen shelving is conveniently located upstairs as well. The second floor is completed with another full bathroom with a tub in shower, a hall storage closet, and 2 additional bedrooms next to each other at the end of the hall. Added solar will help you save money on electric bills. The community features walking trails, parks, children’s playgrounds, and a community pool. Don’t miss out on this home with an awesome, open canvas lot!
Source: CRMLS #PW25034432
Source: CRMLS #PW25034432
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 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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 580, 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.