40177 Lakeview Dr Big Bear Lake, CA 92315
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About this home
Discover your perfect mountain getaway in this beautifully maintained 3 bed, 2 bath home, located just a short walking distance from the shimmering shores of Big Bear Lake. This residence offers captivating views and a serene ambiance. The home's thoughtful layout features an open concept living area with large windows that flood the space with natural light and showcase the picturesque surroundings. The chef's kitchen boasts amazing views of the lake while you make use of this culinary space, and comes complete with stainless steel appliances and plenty of cabinetry... perfect for your enjoyment and entertaining. The living room features a cozy fireplace that adds warmth and charm, making it an inviting space for relaxation. Each of the three bedrooms is generously sized, providing comfortable accommodations for family and guests. The two well-appointed bathrooms offer the latest in modern design style and convenience. Step outside to enjoy the expansive deck, perfect for morning coffee or evening gatherings, all while taking in the tranquil mountain air. The property's location is unparalleled, just a short stroll to downtown Big Bear Lake, where you'll find an array of shopping, dining, and entertainment options. Outdoor enthusiasts will appreciate the proximity to hiking trails, ski resorts, and all the recreational activities that Big Bear has to offer. Whether you're seeking a full-time residence, a vacation home, or an investment property, this charming mountain retreat delivers on all fronts. Don't miss the opportunity to own a slice of paradise in one of Big Bear Lake's most desirable locations.
Source: CRMLS #IV25152807
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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.