16591 Ponca St Victorville, CA 92395
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About this home
Welcome to this charming commuter-friendly home in Victorville, combining modern upgrades and comfortable living. This beautifully maintained 3-bedroom, 2-bath residence offers an inviting open floor plan and thoughtful touches throughout. The upgraded kitchen is a showstopper featuring stunning cabinetry, quartz countertops, a spacious kitchen island, and stainless-steel appliances that stay with the home. The kitchen flows seamlessly into the living room, perfect for entertaining and everyday living. Enjoy movie nights with ease the living room is wired for 5.1 surround sound, and a built-in wine cooler adds a touch of sophistication. Both bathrooms are nicely updated, and the home features laminate flooring throughout for easy maintenance and style. Step outside to an entertainer’s backyard designed for relaxation and fun! The deck is wired for speakers, internet, and cable, complete with built-in drainage, creating the perfect space for gatherings. The garage is even set up for two televisions, making it a great hangout or workshop area. A backyard shed with water and electricity provides extra versatility and storage. This home also includes an assumable solar lease with SunRun, helping keep your energy costs low. Conveniently located near major commuter routes, shopping, dining, and schools this Victorville beauty is ready to welcome you home!
Source: CRMLS #IG25240832
Loan details
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Close stress-free in 45 days, handled start to finish by Roam.
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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.