31344 Nichols Ln Castaic, CA 91384
Your savings
About this home
Step into this inviting 4-bedroom, 2 ½-bathroom detached home, ideally located in the highly sought-after Castaic Oaks neighborhood just off Parker Road. Bathed in natural light, this home features a spacious, open layout with soaring vaulted ceilings. Upon entry, you’re greeted by a stunning custom wrought iron staircase, adding an elegant touch and setting the tone for the rest of the home. The main level boasts beautiful flooring, crown molding, a cozy fireplace, and a versatile bonus room that can be used as a formal dining area, home office, or den. The kitchen is equipped with granite countertops, stainless steel appliances, a designer tile backsplash, a breakfast bar, and a walk-in pantry, all flowing seamlessly into the family room with a built-in entertainment center and direct access to the backyard. Step outside to a private, low-maintenance yard featuring a covered California room and a spacious patio, perfect for relaxing or entertaining. The community pool is just steps away, providing the perfect escape on warm summer days. Upstairs, the expansive primary suite offers a walk-in closet and an en-suite bath with dual sinks. Three additional bedrooms provide ample space, natural light, and scenic views. A full guest bathroom is conveniently located upstairs, and there’s also a guest powder room on the main floor. Additional features include an attached 2-car garage with direct access and in-garage laundry. The low $180/month HOA fee covers water, front yard maintenance, and access to the community pool and spa. Located just minutes from Castaic Lake, top-rated schools, parks, and major commuter routes, this home is an exceptional find in a prime community. Come see it for yourself and envision your future here!
Source: CRMLS #BB25231268
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
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.