2239 Mcdonald St Simi Valley, CA 93065
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About this home
Introducing this stunning two-story Montara home, where spacious living meets modern elegance! With 4 bedrooms and 2.5 bathrooms spread across over 2,000 sq. ft., this residence offers a fabulous layout perfect for both comfort and style.As you step inside, you're greeted by a warm and inviting living room, accentuated by a beautifully refaced custom fireplace that adds a touch of charm. Just across the hall, you'll discover a formal dining room, ideal for hosting memorable gatherings and special occasions. The heart of the home, the updated kitchen, is a chef's dream. It features elegant cabinetry, gorgeous granite countertops, a stylish subway tile backsplash, an inviting island with seating, and modern upgraded appliances--everything you need for delightful culinary creations!Flowing seamlessly from the kitchen, the spacious family room boasts wall-to-wall windows that bathe the space in natural light, creating a cheerful environment perfect for relaxation and entertainment with family and friends.Head upstairs to find the impressive primary suite, generously sized and complete with a private walk-out deck--a perfect oasis for unwinding after a busy day. The expansive primary bathroom showcases a stunning granite dual sink vanity, a beautifully tiled shower, and a convenient walk-in closet, ensuring ample storage space.Additional features of this home include scraped ceilings, a new driveway, wood-like ceramic tile flooring, soft carpeting, and ceiling fans in nearly every room for ultimate comfort. The beautifully landscaped front yard and fresh exterior paint add to the home's curb appeal.Step outside into the backyard--a serene escape under majestic Italian Cypress trees, featuring meticulous landscaping and a covered patio. It's the perfect setting for entertaining guests or enjoying peaceful evenings outdoors.Don't miss the chance to make this Montara gem your own!
Source: CRMLS #225005030
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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.