1585 Mural Dr Claremont, CA 91711
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About this home
Beautiful Newly Renovated Home in desirable Claremont Highlands neighborhood. Drive by today & enjoy the tranquil setting! Quality built by Olin-Lewis Homes. Inviting curb appeal with circular driveway, newly installed overhead garage door, and lush landscaping. One story floor plan with 4 Bedrooms + Den/Office (former 5th bedroom) with full closet and 4 Bathrooms with granite counter tops. Dual primary master bedroom suites, perfect for multi-generational living. Great room with 5 large windows to let in plenty of light and provide a view of the secluded backyard. Spacious Living room with wood burning fireplace with gas log lighter. Remodeled "dine-in" kitchen featuring Norm Tessier Custom cabinetry, granite countertops and stainless steel appliances. Newer flooring installed throughout most of house. Indoor laundry/mud room off kitchen. New roofing just installed. 50 gallon water heater with recirculating pump. Privacy hedge (Monterey Brush Cherry) around the backyard. Convenient distance to Griffith Park and Sumner Elementary School, a 2025 California Distinguished School. Don't miss the 3D Virtual Property Video Tour!
Source: CRMLS #CV25216241
Loan details
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Close stress-free in 45 days, handled start to finish by Roam.
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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.