VA loan
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VA loan
$369,999 SIGNIN

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8111 Woodland Ln, Rosamond, CA 93560

4 beds · 2 baths · 1,512 sqft

2.5 Acre Ranch Property: Back on the Market! Don’t Miss Out on This Unique Opportunity We are excited to announce that this charming 2.5-acre ranch property is back on the market! Perfect for those with a vision and a passion for country living, this property offers a variety of features and potential uses that can be tailored to fit your dreams. Property Highlights Size: 2.5 acres of versatile land, ready for your personal touch. Upgrades: The current owner has made some upgrades, but buyers must conduct their own permit research. Green Room: Ideal for growing your own crops or setting up a hobby garden. Above-ground Jet Spa: Unwind and relax in your private spa. Water Well: Provides ample water supply for various projects and private living. Potential Uses: With some TLC, this property can be transformed into a flourishing farm, a serene retreat, or a multi-functional space. The possibilities are endless—grow your own crops, build an ADU, or even keep animals. Viewing Instructions Interested in exploring this unique property? Schedule a private viewing by contacting our agent directly. Please do not visit the property without an appointment. Don’t wait—opportunities like this don’t last long. Contact us today to schedule your private viewing and see the endless possibilities this ranch property has to offer!

Estimated
Seller's interest rate
2.875%
7%
Estimated
Monthly payment

$1,851
$2,580
You may also save up to $232,665 in total interest paid.

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,580 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
2.875%
Remaining term
26 yrs and 7 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,851
Principal & interest
$1,348
Mortgage insurance
-
Property taxes
$367
Home insurance
$135
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,512 sqft
Lot size
2.5 acres
Year built
1989
Type
Mobile Home
HOA dues
$0.00

Source: CRMLS #SR24101070

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 17, 2025 05:31 am
Listing agent: Silvia Rangel
Listing provided courtesy of: San Fernando Realty, Inc. (818) 365-5671
Details provided by CRMLS and may not match the public record.
MLS ID: #SR24101070
Based on information from California Regional Multiple Listing Service, Inc. as of Apr 17 2025 - 11:21 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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