3.12% FHA
$590,000
$2,356/mo
12101 Mircado Way
Rancho Cordova, CA
3 bd3 ba2,174 sqft
Fair Oaks, California
Keep the rate.
Buy the home in Fair Oaks.
Assumable mortgages let you take over a seller’s existing low-rate loan instead of financing at today’s 7.2%. These are the ones we’ve verified in Fair Oaks.
Avg. assumable rate
4.46%
vs 7.2% market
$801/mo saved
Average locked rate
4.46%
Across 6 assumable listings
Typical monthly savings
$801
On a $573,500 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
FHA · VA
Government-backed loans are assumable by law
Verified in Fair Oaks
Homes with a rate worth keeping
3.00% VA
$449,000
$1,510/mo
3732 Kings Way
Sacramento, CA
3 bd2 ba1,501 sqft
3.21% FHA
$599,999
$3,572/mo
641 Grider Drive
Roseville, CA
3 bd2 ba1,600 sqft
4.18% FHA
$599,000
$2,036/mo
3560 Trentino Street
Roseville, CA
4 bd4 ba2,263 sqft
6.81% VA
$654,000
$4,166/mo
4726 Durum Way
Roseville, CA
3 bd2 ba2,030 sqft
6.42% FHA
$549,000
$2,730/mo
3016 Bettina Way
Sacramento, CA
4 bd3 ba1,834 sqft
Nearby markets
More assumable homes in California
- San Diego257
- Los Angeles124
- Chula Vista105
- Victorville96
- Lancaster86
- Palmdale81
- Hemet80
- Murrieta72
- Menifee69
- Temecula65
- Oceanside59
- El Cajon58
- Apple Valley57
- San Bernardino57
- Riverside52
- Lake Elsinore44
- Winchester43
- Corona42
- Hesperia41
- Indio40
- Beaumont37
- Moreno Valley37
- Bakersfield34
- Escondido34
Run your numbers
The cost of waiting in Fair Oaks.
A 7.2% new loan against an assumable one at 4.46%, same balance, 30 years.
You keep every month
$803/mo
Over a year$9,631
Monthly payment, side by side
7.2% vs 4.46%
How an assumption works
Three steps. One lower payment.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written.
- 01
Find a locked rate
Every listing here carries an existing FHA, VA, or USDA loan you can take over. Filter by rate, payment, or down payment.
- 02
Qualify with the servicer
You apply with the current lender, not a new one. Our team handles the paperwork and the timeline.
- 03
Close and keep the rate
The seller’s balance, rate, and remaining term become yours. No points, no rate shopping, no reset to 30 years.
Questions
Assuming a mortgage in Fair Oaks
Numbers below come from current Fair Oaks inventory and update as listings change.
- Are there assumable homes for sale in Fair Oaks?
- As of September 2026, there are no verified assumable listings in Fair Oaks. New assumable homes appear every week across California; save a search on the map and we will email you when one lands in Fair Oaks.
- What types of loans can be assumed in Fair Oaks?
- FHA, VA, and USDA mortgages are assumable by law and make up nearly all assumable listings in California. Conventional loans usually include a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan.
- How long does a mortgage assumption take in Fair Oaks?
- Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Ready when you are
Stop overpaying for Fair Oaks.
Every listing on the map has a rate you can take over. Start with the ones in California, or list your own low-rate loan and let buyers come to you.
