FHA
Active
5$885,000$164,633 equity gap
- Rate
- 2.24%
7.40%today- Payment
- $3,092/mo
$5,609today
- —beds
- —baths
- 2,360sqft
Montebello, California
Assumable homes for salein Montebello, California.
2 homes in Montebello carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 5.52%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Montebello assumable market
by the numbers.
2active assumable listings
5.52%lowest locked rate
$559kmedian list price
$354saved per month vs. 7.2%
About the market
Assumable mortgagesin Montebello, explained.
Every number on this page comes from the live MLS feeds UMe indexes for California, filtered to Montebello. Updated September 2026.
How assumptions work for buyersMontebello, California has 2 homes for sale with an assumable mortgage as of September 2026: 2 FHA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Montebello assumable listings start at 5.52% with a median of 6.01%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Montebello lists for $559,444, with a median of $264,237 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $7,852 a month versus $8,206 for the same balance at today's rate, roughly $354 kept every month and $4,246 a year. The most active Montebello ZIP codes are 90640 (2).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Montebello assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Montebello
View all 2 on the map Homes on the marketin Montebello.
FHA
Active
25$580,000$99,097 equity gap
- Rate
- 2.84%
7.40%today- Payment
- $2,230/mo
$3,739today
- 3beds
- 1baths
- 973sqft
705 Thorson Avenue, Compton
FHA
Active
40$724,000$124,736 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $2,789/mo
$4,657today
- 5beds
- 2baths
- 1,768sqft
953 Hollins Street, Los Angeles
VA
Active
27$649,000$129,609 equity gap
- Rate
- 3.09%
7.40%today- Payment
- $2,466/mo
$4,003today
- 2beds
- 3baths
- 1,320sqft
17868 Upton, Carson
VA
Active
30$799,000$97,299 equity gap
- Rate
- 3.11%
7.40%today- Payment
- $3,324/mo
$5,383today
- 3beds
- 2baths
- 1,355sqft
9716 Washington, Pico Rivera
FHA
Active
11$559,999$123,455 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $2,032/mo
$3,392today
- 2beds
- 1baths
- 720sqft
5063 Alhambra, Los Angeles
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Montebello.
Live counts from the MLS feeds we index for California. Updated September 2026.
- Active listings
- 2
- UMe Certified / verified
- 0
- Lowest rate
- 5.52%
- Median rate
- 6.01%
- Median list price
- $559,444
- Median cash to assume
- $264,237
Montebello listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%1 home
- 6% and up1 home
Montebello listings by loan type
- FHA2 homesmedian 6.01%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Montebello ZIP code.
Each ZIP opens the Montebello map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Montebello numbers
What an assumable ratedoes to a Montebello payment.
The sliders start at the median Montebello assumable listing: $559,444 list price and a 6.01% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$265,000
47% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Montebello
$1,869/mo
New loan at 7.20%$2,002
Assumed at 6.00%
$1,869
Every month$133
Over five years$7,985
Interest you never pay$137,63726-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Montebello listing on UMe shows the actual balance, rate, and payment.
How it works in Montebello
How to assumea mortgage in Montebello.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Montebello home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Montebello map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $264,237 in Montebello today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Montebello payment written in a different decade.
Montebello questions
Assuming a mortgagein Montebello.
The numbers below come from current Montebello inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Montebello?
As of September 2026, UMe tracks 2 active assumable listings in Montebello. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Montebello?
Current Montebello inventory breaks down as FHA (2, median 6.01%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Montebello?
The lowest rate on an active Montebello assumable listing is 5.52%, and the median across all 2 listings is 6.01%. 0 listings are under 4% and 0 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Montebello?
Across current Montebello listings, the median principal-and-interest payment on the assumable loan is $7,852 per month versus $8,206 for the same balance at today's rates, a difference of about $354 every month, or $4,246 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Montebello?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Montebello that gap is currently a median of $264,237 on a median list price of $559,444. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Montebello ZIP codes have the most assumable homes?
The Montebello ZIP codes with the most active assumable listings are 90640 (2). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Montebello?
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.
Nearby markets
All of California More assumable homesin California.
Ready when you are
Stop overpaying for Montebello.The rate is already on the house.
Every listing on the Montebello map has a rate you can take over. Start with the ones in Montebello, get pre-qualified in minutes, and let UMe carry the assumption to closing.