11350 Foothill Blvd Unit 30 Unit 30 Sylmar, CA 91342
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About this home
Beautifully maintained and move-in-ready townhome located in the heart of Sylmar! This 2-bedroom, 2-bathroom residence offers 996 square feet of comfortable living space with modern touches and a convenient location, perfect for first-time buyers, growing families, or those seeking a low-maintenance lifestyle. As you enter, you’re greeted by a spacious and light-filled living room featuring hardwood floors and a seamless flow into the dining area. The updated kitchen boasts granite countertops, ample cabinetry, and appliances, making it a joy to cook and entertain. You’ll find two generously sized bedrooms, each with its own en-suite bathroom for ultimate privacy and convenience. The primary bedroom features a walk-in closet and serene mountain views, creating a peaceful retreat. The private patio is perfect for morning coffee, outdoor dining, or a small garden, while the attached two-car garage provides ample storage and direct access to the home. The community offers a sparkling pool, spa, and well-maintained grounds, enhancing your living experience. Located near schools, parks, shopping, dining, and with easy access to the 210, 5, and 118 freeways, this home provides both comfort and convenience. Don’t miss the opportunity to own this charming townhome in a desirable Sylmar neighborhood, schedule a showing today!
Source: CRMLS #SR24241240
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FAQs
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.
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 580, 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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.