4302 Olivera Pl Lancaster, CA 93536
Your savings
About this home
PRICE IMPROVEMENT. Welcome to this desirable and Elegant Quartz Hill home. This 5 bedroom, 3 bathroom and 3 car garage home sits in a cul de sac neighborhood and ready for entertainment. Designer cement rectangles with turf grass in between, in the back and front yard to add extra style matching the stunning clear refreshing pool. Meticulously manicured inside and out with upgraded front master piece double French iron glass door. Beautiful Tile flooring downstairs and waterproof wooden laminate planks flooring upstairs. Recently upgraded majestic kitchen with quartz countertops with an open concept to the living room. Stainless steel appliances with a double oven. All bathrooms match the same quartz countertop. Double sided gas chimney. Great size bedroom downstairs with a full bathroom next to it. Oversized Primary bedroom with barn door entry to primary bathroom. Enjoy the Shower and bathtub separately. Primary bedroom has his and hers walk in closets, with one having access from the primary bathroom. All other bedrooms also show great size for comfort. Laundry is located upstairs for your convenience. Enjoy and entertain in the huge back yard under a recently added Gazebo or just refresh in the pool. If you like gardening, the block retaining wall gives you the option to plant your own plants. Conveniently located near parks, schools, shopping centers and entertainment. These keys can be yours. The doors are open. Want to make it yours? Make your appointment today!!!
Source: SANDIEGO #BB25145132
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.