6888 Copper Creek Pl, Moorpark, CA 93021
4 beds · 4 baths · 3,100 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Live your BEST LIFE in this RARE, HIGHLY UPGRADED and meticulously CURATED to sophisticated designer perfection! Approx. 3,100 SQ FT ONE STORY (NO STEPS) with CITY LIGHTS VIEW home sited on a PREMIUM FLAT CUL DE SAC. HUNDREDS OF THOUSANDS OF DOLLARS in TODAY'S HIGH END UPGRADES and features creating an oasis of contemporary LUXURY LIVING not found in this price range! Set behind the GATES of Meridian Hills in the exclusive Moorpark Highlands, adjacent to the Moorpark Country Club golf course, you have TRUE RESORT-LIVING with community pool, spa, club house, tennis, pickle ball, basketball court, parks, hiking and biking trails. Built in 2016, shows better than a NEW MODEL HOME, NEWLY refinished solid WHITE OAK WIDE PLANK hardwood floors throughout the entire house! (These EXQUISITE FLOORS are found in $10 MILLION DOLLAR new homes and would easily cost over $100K to install.) GORGEOUS center island kitchen with STUNNING WHITE QUARTZ on WHITE SHAKER CABINETS with beveled WHITE BRICK TILE backsplash and WHITE FARMHOUSE SINK, breakfast counters and breakfast area and fabulous formal dining room with multi-tiered TEN-FOOT CEILINGS, double crown moldings, NEW designer crystal and wrought iron light fixture, plantation shutters and six inch base moldings. HUGE WALK-IN PANTRY in kitchen, double OPEN CONCEPT floorplan overlooking great room and interior courtyard with NEW cast concrete Italian fountain with custom pavers, double French door upgrade that faces all four sides of the home creating a VISUAL INDOOR/OUTDOOR interior sanctuary with the sound of water and gardens flooding the entire home with NATURAL LIGHT! (This is probably the most incredible ONE STORY FLOORPLAN you will ever find!) From the kitchen you see the three panel WALL OF GLASS (normally found in Multi-Million Dollar homes), framing the SPECTACULAR CITY LIGHTS AND MOUNTAIN VIEWS from the PREMIUM elevated lot. Upgraded fireplace and custom cabinetry and shiplap wall in great room, HOME THEATER features surround sound, wine closet and upgraded built-in cabinets with beverage refrigerator, recessed lighting, double crown moldings, custom high end forged iron front door, two story tower entrance, wainscoting, TIERED TEN FOOT CEILINGS throughout entire house with UPGRADED EIGHT FOOT farmhouse doors throughout, architectural symmetrical passageways that you find in Multi-Million Dollar homes, extra wide hallways, designer fans in every bedroom, fourth bedroom with extensive desk and cabinet built-ins
Source: CRMLS #SR25068839
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #SR25068839
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.