***ASSUMABLE LOAN AT 3.25%*** FURNISHED,VA/FHA/CONVENTIONAL APPROVED,WHILE THE CC&R'S DO NOT APPEAR TO PROHIBIT AIRBNB/RENTALS,OCUPANCY REMAINS SUBJECT TO THE COMMUNITY'S AGE RESTRICTIONS,PET FRIENDLY,LOW MAINTENANCE CONDO IN THE ARCADIA LITE AREA, KNOWN FOR ITS AFFORDABILITY,CONVENIENCE & TRENDY VIBE,OVERLOOKS THE COURTYARD FROM PATIO,GRANITE COUNTEROPS,INTERCOM SYSTEM FOR PRIVACY AND SECURITY,INTERIOR ELEVATORS,SENIOR LIVING 55+,LOVELY CONDO NESTLED BETWEEN ARCADIA AND THE BILTMORE WITHIN WALKING DISTANCE OF SHOPPING, RESTAURANTS AND SENIOR CENTER,VERY WELL MAINTAINED GROUNDS WITH EXERCISE FACILITY LIBRARY SITTING AND CONFERENCE ROOMS OUTDOOR GAZEBO,COMMUNITY BACKS RIGHT UP TO LOS OLIVOS PARK WITH WALKING PATHS,PLAY EQUIPMENT AND FRISBEE GOLF
Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.
You need to cover the seller's equity of $4,098. If you don't have that in cash, we can help structure secondary financing to cover the gap.
Yes — VA assumptions can be used for investment properties. You can rent this home out.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.