9428 Gerald Ave, Northridge, CA 91343
3 beds · 2 baths · 1,837 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Experience the allure of this beautifully redesigned Walnut Cove home, where exceptional craftsmanship and thoughtful design meet. Boasting 5 spacious bedrooms, 3 luxurious bathrooms, and an open flowing floor plan, this home is truly a masterpiece! From the moment you arrive, you'll be captivated by the curb appeal, featuring a lush green lawn, craftsman style door and original brickwork that perfectly blends classic charm with modern sophistication. Every detail of this home has been meticulously curated to create a space that feels both inviting and refined. The open floor plan effortlessly transitions from the spacious living room, featuring a serene fireplace, into the airy kitchen and dining areas. The chef's kitchen is a true standout, showcasing a stunning scalloped tile backsplash, sleek white and black cabinetry with elegant champagne handles, and a large bar area complete with a built-in beverage fridge, perfect for entertaining. With 5 bedrooms, space is never an issue. The front bedroom features double glass doors, offering flexibility for any purpose—whether you need a home office, a fifth bedroom, or a playroom, this adaptable space can easily fit your lifestyle. The primary suite is a true retreat, complete with a large walk-in closet and a spa-like bathroom, featuring a deep soaking tub and an oversized shower – the ultimate sanctuary. The secondary suite, located at the back of the house, offers the ideal retreat for guests or a secondary master. Oversized laundry room with new side by side machines. Step outside into the lush backyard, offering privacy with mature trees, new fencing, and expansive side yards. The home has been thoughtfully updated throughout - look no further - this is the one!
Source: CRMLS #SR25068608
Source: CRMLS #SR25068608
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.