4292 Woodward Ave Norco, CA 92860
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About this home
**Norco Horse Property with Modern Comfort & Room to Ride!** Welcome to your next chapter in Horsetown USA! This beautifully upgraded 3-bedroom, 2-bath home sits on a generous lot designed for equestrian living—with all the modern touches you’ve been looking for. Step inside to an open, airy layout that feels fresh and inviting. The kitchen is a showstopper with custom cabinetry, sleek countertops, and a deep upgraded farmhouse sink that’s as practical as it is stylish. The spacious great room is perfect for relaxing after a long ride or hosting family gatherings. The primary suite offers a private ensuite bath, while the additional bedrooms provide ample space for guests, tack storage, or a home office. Outside, enjoy a large covered patio ideal for morning coffee or evening sunsets. The flat, usable land is ready for your horses, goats, or other four-legged companions complete with a barn, storage shed, and pens—with plenty of room to add more corrals, shelters, or a round pen. RV owners will love the abundant parking for rigs and trailers, plus extra space for guests and overflow. A brand-new HVAC system keeps things cool year-round, and every inch of the home has been thoughtfully updated for comfort and style. The roof was also replaced just 5 years ago! Located in the heart of Norco with riding trails, feed stores, and community events that celebrate the equestrian lifestyle. This property is priced to move—don’t miss your chance to own a turnkey home with all the space and freedom you’ve been dreaming of. Saddle up and schedule your showing today—this one won’t last!
Source: CRMLS #IG25230628
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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.