VA
Active
30$799,000$95,797 down
- Rate
- 3.11%
7.28%today- Payment
- $3,324/mo
$5,320today
- 3beds
- 2baths
- 1,355sqft
Cerritos, California
Assumable homes for salein Cerritos, California.
3 homes in Cerritos carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.85%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Cerritos assumable market
by the numbers.
3active assumable listings
3.85%lowest locked rate
$599kmedian list price
$388saved per month vs. 7.2%
About the market
Assumable mortgagesin Cerritos, explained.
Every number on this page comes from the live MLS feeds UMe indexes for California, filtered to Cerritos. Updated October 2026.
How assumptions work for buyersCerritos, California has 3 homes for sale with an assumable mortgage as of October 2026: 3 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 Cerritos assumable listings start at 3.85% with a median of 6.47%; 1 listing is under 4% and 1 is under 5%.
The median assumable home in Cerritos lists for $599,000, with a median of $139,299 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 $3,465 a month versus $3,852 for the same balance at today's rate, roughly $388 kept every month and $4,651 a year. The most active Cerritos ZIP codes are 90703 (3).
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 Cerritos assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Cerritos
View all 3 on the map Homes on the marketin Cerritos.
FHA
Active
20$919,000$278,699 down
- Rate
- 2.88%
7.28%today- Payment
- $2,970/mo
$4,894today
- 3beds
- 2baths
- 1,064sqft
6502 Dos Rios Road, Downey
FHA
Active
30$560,000$136,692 down
- Rate
- 2.99%
7.28%today- Payment
- $2,005/mo
$3,258today
- 2beds
- 2baths
- 957sqft
4121 Hathaway Avenue #3, Long Beach
FHA
Active
37$595,000$147,549 down
- Rate
- 3.10%
7.28%today- Payment
- $2,117/mo
$3,393today
- 2beds
- 1baths
- 896sqft
1795 Glenoaks Avenue, Anaheim
VA
Active
10$385,000$91,831 down
- Rate
- 3.13%
7.28%today- Payment
- $1,446/mo
$2,308today
- 1beds
- 1baths
- 666sqft
2525 19th Street #24, Signal Hill
FHA
Active
26$959,000$344,037 down
- Rate
- 2.83%
7.28%today- Payment
- $2,916/mo
$4,837today
- 3beds
- 2baths
- 1,312sqft
933 Walnut Avenue, Long Beach
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 Cerritos.
Live counts from the MLS feeds we index for California. Updated October 2026.
- Active listings
- 3
- UMe Certified / verified
- 0
- Lowest rate
- 3.85%
- Median rate
- 6.47%
- Median list price
- $599,000
- Median cash to assume
- $139,299
Cerritos listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up2 homes
Cerritos listings by loan type
- FHA3 homesmedian 6.47%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Cerritos ZIP code.
Each ZIP opens the Cerritos map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Cerritos numbers
What an assumable ratedoes to a Cerritos payment.
The sliders start at the median Cerritos assumable listing: $599,000 list price and a 6.47% 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)$140,000
23% 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 Cerritos
$3,044/mo
New loan at 7.20%$3,122
Assumed at 6.45%
$3,044
Every month$78
Over five years$4,699
Interest you never pay$174,31126-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 Cerritos listing on UMe shows the actual balance, rate, and payment.
How it works in Cerritos
How to assumea mortgage in Cerritos.
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 Cerritos home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Cerritos 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 $139,299 in Cerritos 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 Cerritos payment written in a different decade.
Cerritos questions
Assuming a mortgagein Cerritos.
The numbers below come from current Cerritos inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Cerritos?
As of October 2026, UMe tracks 3 active assumable listings in Cerritos. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Cerritos?
Current Cerritos inventory breaks down as FHA (3, median 6.47%). 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 Cerritos?
The lowest rate on an active Cerritos assumable listing is 3.85%, and the median across all 3 listings is 6.47%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Cerritos?
Across current Cerritos listings, the median principal-and-interest payment on the assumable loan is $3,465 per month versus $3,852 for the same balance at today's rates, a difference of about $388 every month, or $4,651 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 Cerritos?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Cerritos that gap is currently a median of $139,299 on a median list price of $599,000. 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 Cerritos ZIP codes have the most assumable homes?
The Cerritos ZIP codes with the most active assumable listings are 90703 (3). 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 Cerritos?
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 Cerritos.The rate is already on the house.
Every listing on the Cerritos map has a rate you can take over. Start with the ones in Cerritos, get pre-qualified in minutes, and let UMe carry the assumption to closing.
