11374 Old Ranch Cir Chatsworth, CA 91311
Your savings
About this home
Welcome to 11374 Old Ranch Circle, a stunning home located in the highly desirable community of California West. Tucked away on a peaceful cul-de-sac, this beautifully updated home offers the perfect balance of elegance, functionality, and California indoor-outdoor living. Featuring 2 bedrooms, 3 bathrooms, and 1,427 square feet of living space, this home is ideal for both comfortable living and sophisticated entertaining. Step inside to find a dramatic entry with soaring ceilings and an abundance of natural light that pours through oversized windows. The formal living room is anchored by a fireplace creating a welcoming space for gatherings, and sliding glass doors that lead to the outdoor patio surrounded by lush trees and greenery. The chef’s kitchen is a true highlight, complete with custom cabinetry, Quartz countertops and stainless steel appliances. The main level also offers a 1/2 bathroom. Upstairs, the luxurious primary suite serves as a private retreat, featuring vaulted ceilings, dual walk-in closets, and a spa-inspired en-suite with dual vanities, and a separate glass-enclosed shower. The secondary master bedroom is spacious and bright, with a walk-in closet and is complemented by its own updated bathroom. Additional highlights include an attached 2-car garage with direct access, an in-unit laundry, central heating and air conditioning, and elegant upgrades throughout including engineered wood flooring and recessed lighting. The community offers its residents 2 separate sparkling pool and spa areas, each with large grassy areas to enjoy. Mature landscaping surrounds the community with privacy and a serene atmosphere. Located within a secure community, this property offers the tranquility of suburban living with convenient access to top-rated schools, scenic hiking trails, shopping, dining, and the 118 freeway for easy commuting. Welcome to your Next Home!
Source: CRMLS #SR25200125
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.