6050 Canterbury Dr Unit E215 Unit E215 Culver City, CA 90230
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About this home
An exceptional opportunity awaits in Culver City, as one of the finest condos in the building, full of charm and beautifully updated. This light-filled 1-bedroom / 1 bath home showcases an open design with tasteful updates, including sleek cabinetry, durable flooring, and a private balcony framed by mature trees — a tranquil extension of the living space where you can relax and recharge year-round. The residence strikes the perfect balance between comfort and convenience, offering a serene escape while still placing you close to the best of Culver City. The Pines community offers a diverse range of lifestyle amenities, including a large heated pool for swimming, saunas for relaxation, a gym for staying active, and a clubhouse and game room for social gatherings. Additional features include Amazon lockers, landscaped grounds with peaceful water features, laundry on every floor, and two secured side-by-side parking spaces. HOA dues cover water, trash, and earthquake insurance for added ease. Located on a tree-lined street just minutes from Fox Hills Park, Westfield Mall, Venice, Santa Monica, Marina del Rey, and LAX, this condo blends convenience with comfort. Additionally, qualified buyers may be eligible for a $20,000 grant through City National Bank, making this home an even more compelling choice.
Source: CRMLS #SB25245471
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Close stress-free in 45 days, handled start to finish by Roam.
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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.