20623 Russ Jay St Santa Clarita, CA 91350
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About this home
Welcome to this stunning 4-bedroom, 3-bathroom two-story home nestled in a serene and sought-after neighborhood near the base of Bouquet Canyon. With 2,071 square feet of thoughtfully designed living space, this beautifully updated home offers the perfect blend of comfort, style, and flexibility. Step inside to discover a home full of modern upgrades, including laminate flooring throughout (no carpet), freshly painted walls, new window shades, and recessed lighting in every room. Dual-paned, energy-efficient windows invite an abundance of natural light into the entire home. The fully renovated kitchen is truly a showstopper, wide, spacious, and bright, with numerous large windows and plenty of counter space, perfect for both everyday meals and entertaining. The living room features a cozy fireplace and an inviting atmosphere for gatherings. Upstairs, you’ll find all four bedrooms, including a spacious primary suite with a walk-in closet and a completely remodeled en-suite bathroom. One of the secondary bedrooms was originally two separate rooms and still features two doors, two closets, and two windows offering the potential to easily convert it back into a fifth bedroom if desired. Downstairs, you’ll find the third bathroom with a brand-new vanity, ideal for guests or daily convenience. Enjoy a generous backyard retreat adorned with fruit and decorative trees, plus a private spa where you can relax and unwind. The front yard has been thoughtfully designed with drought, tolerant landscaping for beauty and water efficiency.Additional highlights include a large attached garage, two-story layout with all bedrooms upstairs, and a quiet, family-friendly neighborhood close to top-rated schools, scenic parks, and all the outdoor recreation Santa Clarita has to offer. Best of all, this home has no HOA fees and no Mello-Roos taxes — keeping your monthly costs lower and your freedom greater. This move-in ready home offers flexibility, upgrades, and space — all in a peaceful, desirable location.
Source: CRMLS #SR25244126
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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.