745 N Laurel Ave, Upland, CA 91786
3 beds · 2 baths · 1,574 sqft
Get a free consultation call with an expert in the mortgage assumption process.
OPEN FLOOR PLAN HOME WITH A SPACIOUS AND PRIVATE BACKYARD IN UPLAND! Welcome to Laurel Avenue in Upland, CA. This beautiful and spacious 3 bedroom, 1.5 bath home with a mud room and den is a working person’s dream. If you work at home and need to watch kids or furbabies, this home offers a home office with an adjacent room to be an ear shot or eye shot of those you love. The home is situated near trails, dog parks, parks, sports parks, climbing walls and endless recreation! This home has many desirable features, beginning with a perfect location. Entering the home is an open concept layout that connects the living room, family room, kitchen, formal dining room, and den. The home boasts a spacious kitchen with that 50s flare tile and cabinetry, and kitchenette to seat more hungry mouths. The home has many windows and glass sliders allowing tons of light to flood the home. The sliding glass doors lead to a large deck and backyard with a Meyer lemon tree and mature trees. The family room has a fireplace with a mantle. The hallway on one side of the home leads to three bedrooms and two bathrooms, while the other side of the home houses the laundry room and mudroom with ample storage space. The tandem garage is a large space that holds two cars and a work area, which can be accessed from the front and back alley. Outside there is an awesome covered patio area, as well as a firewood storage near the firepit. Upland is nestled at the foothills of Mt. Baldy, near the Claremont Colleges. Although the area has that “away from it all '' feel, it is just minutes away from the 210 and 10 freeways and shopping just up the street! Schedule your tour (or virtual tour) today! The home will be sold "AS IS."
Source: CRMLS #CV25089481
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 #CV25089481
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.