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$775,000 $SIGNI

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721 Helena Ct, Oxnard, CA 93033

3 beds · 2 baths · 1,476 sqft

Tucked away on a quiet cul-de-sac, this 3 bedroom 2 bath home offers a perfect blend of comfort and convenience. This home was remodeled just a few years ago, opening up the living area to create a spacious, inviting floor plan--ideal for entertaining. Stunning laminate flooring runs throughout the main areas, while the bedrooms feature cozy carpeting.The kitchen has been refreshed with new cabinets, countertops, and a modern sink, while fresh paint and newer ceiling fans add to the home's charm. Enjoy direct access to a two-car garage, plus additional driveway parking and potential space for an RV. The furnace is only a few years old.Then step outside to a spacious backyard--perfect for relaxing or BBQs with family and friends. Located a little over a mile from the beach, this home is also within walking distance of a neighborhood park and conveniently close to shopping, the Naval base, freeway access and PCH. Don't miss this opportunity to live on the coast.

Estimated
Seller's interest rate
5.75%
7%
Estimated
Principal & interest
$3,850/mo.
$4,365
You may also save up to $173,006 in total interest paid.

Financials

Seller’s estimated current equity is $SIGNI
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $3,850 monthly payment

Financed
$SIGNIN
Location
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Details
Home
Size
1,476 sqft
Lot size
0.1409 acres
Year built
1973
Type
Single Family Residence
HOA dues
$0.00

Source: CRMLS #V1-28468

Loan
Remaining term
28 yrs
Rate
5.75%
Monthly P&I
$3,850
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

Who can qualify

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 resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Apr 01, 2025 11:22 pm
Listing agent: Israel Magana
Listing provided courtesy of: eXp Realty of California, Inc (888) 652-0743
Details provided by CRMLS and may not match the public record.
MLS ID: #V1-28468
Based on information from California Regional Multiple Listing Service, Inc. as of Apr 01 2025 - 23:30 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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