899 Nesthorn Dr, Crestline, CA 92325
4 beds · 2 baths · 3,108 sqft
Get a free consultation call with an expert in the mortgage assumption process.
NOW LISTED AT $499,000 FOR SOME LUCKY HOMEOWNER! Welcome to your storybook mountain retreat located in the charming San Moritz neighborhood. This enchanting open-concept home offers the perfect balance of rustic warmth and modern updates, inviting you to relax and soak in the serenity of nature. Step into the heart of the home, where the living, dining, and kitchen areas flow seamlessly beneath soaring ceilings, anchored by a classic wood-burning stove. A wall of windows including french doors frame stunning views of the forest below, flooding the space with natural light and creating a sense of living among the treetops. The updated kitchen offers plenty of countertop and cabinet space, making meal prep a pleasure. Whether you're savoring a quiet dinner by the fire, sharing stories in the intimate dining area, or enjoying crisp mountain air on the attached deck, this home is designed for comfort. Ease of living meets mountain charm on the main level with a peaceful master suite featuring a walk-in closet and a bathroom complete with a jetted tub—perfect for soaking away the chill of a brisk mountain evening or day of snow play. Downstairs, the charm continues with three inviting bedrooms, including one with a delightful built-in sleeping loft, ideal for family or guests. A versatile central space offers endless possibilities as a playroom, office, or craft area. The dedicated laundry room includes an expansive utility area, ample storage, and convenient direct access to the exterior dog run, making everyday living a breeze. And there’s even more to love. The lower level features a private workout room with its own closet and a wall-to-wall storage area, keeping your home organized and ready for adventure. Situated just two streets from the sparkling waters of Lake Gregory, famous for fishing, kayaking or canoeing and the historic San Moritz Lodge, this home embodies the essence of cozy mountain living. Whether you're curling up by the fire, exploring nearby trails, or enjoying the peaceful beauty of your surroundings, this is more than a house—it’s a lifestyle. Pride of ownership is evident throughout this lovingly maintained home. Schedule your showing today and fall in love with mountain living!
Source: CRMLS #IG24234872
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #IG24234872
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 of Equal Opportunity Act.