VA loan
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VA loan
$565,000 SIGNIN

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912 N Turner Ave Apt 58 # 58, Ontario, CA 91764

3 beds · 3 baths · 1,554 sqft

Welcome to the "LAINGS FIRST EDITION" Condominium Community located North Ontario, Rancho Cucamonga border. This Home Features 1,554 sqft of LIVING SPACE and a LOT SIZE OF 1,983 sqft, BUILT in 1992 ... WITH 3 BEDROOMS (All Upstairs) Master Bedroom and Master Bath with Walk-In Closets and just off the Master Bedroom enjoy stepping out to your own Balcony overlooking the community, spacious bedrooms and Full Bath Upstairs and a Downstairs Powder Room (Half Bath), Living Room with a Cozy Fireplace to enjoy those chilly days and nights, and open floor plan concept to the Kitchen and Dining Area leading to a sliding door out to the Front Private Patio. DIRECT ACCESS to a Two Car Garage. HOME OWNERS ASSOCIATION AMENITIES INCLUDES; Two Community Pools/Hot Tub & Spa, Water, Trash, Sewer, Outside and Exterior Maintenance and Landscape. CENTRALLY LOCATED; Easy Freeway access to the 10/15/210/60, nearby shops and restuarants, ONTARIO AIRPORT, Toyata Arena, TOP GOLF, Ontario Mills, AMC DINE-IN ONTARIO MILLS 30, Cucamonga Gausti Regional Park, Ontario Covention Center, Kaiser Medical Center.

Estimated
Seller's interest rate
3%
7%
Estimated
Monthly payment

$3,156
$4,256
You may also save up to $353,167 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 $4,256 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
3%
Remaining term
26 yrs and 9 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$3,156
Principal & interest
$2,108
Mortgage insurance
-
Property taxes
$520
Home insurance
$207
HOA fees
$319
Utilities
Not included

Source: Public records

Home details
Size
1,554 sqft
Lot size
0.0455 acres
Year built
1992
Type
Condominium
HOA dues
$319.83

Source: CRMLS #CV24241537

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 18, 2025 05:36 am
Listing agent: M Ruth Camino
Contact listing agent
Listing provided courtesy of: Century 21 Masters (800) 463-0977
Details provided by CRMLS and may not match the public record.
MLS ID: #CV24241537
Based on information from California Regional Multiple Listing Service, Inc. as of Apr 18 2025 - 10:38 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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