EXLUSIVE BUYER RESOURCE • SANTA CLARITA VALLEY
The Assumable Advantage
How savvy buyers are stepping into below-market rates and which Santa Clarita Valley homes make it possible right now.
WHAT IS AN ASSUMABLE MORTGAGE?
You inherit the seller's rate – not today's.
When a home is financed with an FHA or VA loan, the mortgage is legally assumable. A qualified buyer can
step into the seller's existing loan — keeping their original interest rate, payment, and remaining balance. In a
high-rate environment, this is one of the most powerful tools available to buyers. Conventional loans do not
carry this benefit.
THE REAL NUMBERS
See what the rate difference actually means.
Using 27364 Ellery Pl, Santa Clarita ($899,000) — 20% down new loan vs. assumed VA balance.
NEW LOAN TODAY
30-Year Fixed Rate
7.00%
approx. $4,786/month
Est. on $719,200 loan (20% down)
ASSUMED RATE
Existing VA Loan
2.65%
approx. $2,707/month
On existing $604,541 balance
$,2079/mo
Potential monthly savings when assuming vs. new financing
Over $24,900 saved per year · More than $623,000 over the life of the loan
* Illustration only. Buyer must cover equity gap via cash or secondary financing. Results vary. Consult your lender.
THE REAL NUMBERS
How Assumption Works – Step by Step
01
Quality with the Lender
Credit and income requirements must be met. The assumed rate transfers — but lender qualification is still required.
02
Cover the Equity Gap
The difference between purchase price
and remaining balance is paid via cash, a second mortgage, or gift funds.
03
Seller's Lien Released
Once approved, the loan transfers into
your name. The seller is released and
the below-market rate is yours.
A GLIMPSE AT WHAT'S AVAILABLE
5 Samples Listing – SCV Assumable Mortgages
5 of 56 active assumable listings currently on the MLS across Santa Clarita Valley
27364 Ellery Place
Santa Clarita, CA 91350
$899,000
Beds
3
Sq Ft
2,981
Built
2016
Balance
$604,541
Eq. Gap
$294,459
VA • Assumable
Est. assumed P&I: $2,707/mo
MLS# SR26099340
28523 Red Cedar Place
Santa Clarita, CA 91390
$899,000
Beds
4
Sq Ft
1,971
Built
1988
Balance
$547,181
Eq. Gap
$351,819
VA • Assumable
Est. assumed P&I: $2,515/mo
MLS# SR26086713
18153 Meridian Lane
Santa Clarita, CA 91350
$973,900
Beds
4
Sq Ft
2,529
Built
2021
Balance
$591,663
Eq. Gap
$382,237
FHA • Assumable
Est. assumed P&I: $2,720/mo
MLS# SR26066676
26720 Via Colina
Valencia, CA 91381
$825,000
Beds
3
Sq Ft
2,010
Built
2003
Balance
$530,885
Eq. Gap
$294,115
VA • Assumable
Est. assumed P&I: $2,383/mo
MLS# SR26054712
28744 Jardineras Drive
Valencia, CA 91354
$630,000
Beds
3
Sq Ft
1,440
Built
2018
Balance
$441,896
Eq. Gap
$188,104
VA • Assumable
Est. assumed P&I: $2,054/mo
MLS# SR26053504
List accurate as of May 18, 2026 · This list changes frequently — homes are added and go under contract regularly.
Assumable Listings + Expert Guide
Rates from 2.65% to 7.25% across Canyon Country, Newhall, Santa Clarita, Valencia, Castaic & more — all active on the MLS.
Find Out About Assumable Listings.
🔒 Your information is 100% private. I will never share or sell it.
No pressure. No cold calls. Just honest conversation.
IMPORTANT TO KNOW
Before You Move Forward
• FHA loans are assumable by any qualified buyers. VA loans require lender approval – the seller forfeits their VA entitlement until restored.
• The equity gap (price minus balance) must be covered via cash, gift funds, or a secondary loan product.
• Not all sellers or listing agents know their loan is assumable. Having the right agent advocate for you matters.
• You must still qualify for credit and income – the rate transfers, not approval.
• Assumption timelines run 45-90 days – work with a lender experienced in assumptions.
• The list reflects active MLS data and changes often. Message me directly for the most current, complete version.
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