11701 Denver Ave Los Angeles, CA 90044
Your savings
About this home
Step into comfort and style with this beautifully updated 3-bedroom, 2-bathroom home offering 1,624 square feet of living space. Nestled in a quiet, well-kept neighborhood, this single-story gem combines classic charm with contemporary finishes. With Spacious open layout with 3 bedrooms and 2 full bathrooms Gourmet kitchen featuring rich dark wood cabinets and sleek granite countertops Bright living and dining areas perfect for entertaining Private 2-car garage with ample storage Inviting front porch with white railings and a manicured lawn Black metal fencing for added security and curb appeal Mature palm trees and lush landscaping create a serene outdoor vibe Easy access to the 105 and 110 freeways for smooth commuting Approximately 5 miles from SoFi Stadium—perfect for sports fans and concertgoers Whether you're looking for your forever home or a smart investment, this property delivers on space, style, and location. Assumable Interest Rate Available
Source: CRMLS #PW25220116
Neighborhood
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.