FHA
Active
5$885,000$162,889 down
- Rate
- 2.24%
7.28%today- Payment
- $3,092/mo
$5,543today
- —beds
- —baths
- 2,360sqft
San Pedro, California
Assumable homes for salein San Pedro, California.
8 homes in San Pedro carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.97%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
San Pedro assumable market
by the numbers.
8active assumable listings
2.97%lowest locked rate
$897kmedian list price
$890saved per month vs. 7.2%
About the market
Assumable mortgagesin San Pedro, explained.
Every number on this page comes from the live MLS feeds UMe indexes for California, filtered to San Pedro. Updated October 2026.
How assumptions work for buyersSan Pedro, California has 8 homes for sale with an assumable mortgage as of October 2026: 6 FHA loans and 2 VA 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 San Pedro assumable listings start at 2.97% with a median of 3.86%; 4 listings are under 4% and 4 are under 5%.
The median assumable home in San Pedro lists for $897,450, with a median of $408,913 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 $1,808 a month versus $2,698 for the same balance at today's rate, roughly $890 kept every month and $10,685 a year. The most active San Pedro ZIP codes are 90731 (5) and 90732 (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 San Pedro assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in San Pedro
View all 8 on the map Homes on the marketin San Pedro.
FHA
Active
25$580,000$99,097 down
- Rate
- 2.84%
7.28%today- Payment
- $2,230/mo
$3,695today
- 3beds
- 1baths
- 973sqft
705 Thorson Avenue, Compton
VA
Active
27$649,000$128,484 down
- Rate
- 3.09%
7.28%today- Payment
- $2,466/mo
$3,956today
- 2beds
- 3baths
- 1,320sqft
17868 Upton, Carson
VA
Active
50$839,000$136,588 down
- Rate
- 3.10%
7.28%today- Payment
- $3,331/mo
$5,337today
- 4beds
- 4baths
- 2,091sqft
676 Colorado, Carson
VA
Active
61$1,199,000$270,201 down
- Rate
- 2.97%
7.28%today- Payment
- $4,410/mo
$7,184today
- 4beds
- 2baths
- 1,834sqft
3421 Patton Avenue, San Pedro
VA
Active
$959,000$243,434 down
- Rate
- 2.99%
7.28%today- Payment
- $3,390/mo
$5,508today
- 4beds
- 2baths
- 2,812sqft
3184 Gale, 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 San Pedro.
Live counts from the MLS feeds we index for California. Updated October 2026.
- Active listings
- 8
- UMe Certified / verified
- 0
- Lowest rate
- 2.97%
- Median rate
- 3.86%
- Median list price
- $897,450
- Median cash to assume
- $408,913
San Pedro listings by locked rate
- Under 4%4 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up3 homes
San Pedro listings by loan type
- FHA6 homesmedian 3.86%
- VA2 homesmedian 5.46%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby San Pedro ZIP code.
Each ZIP opens the San Pedro map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the San Pedro numbers
What an assumable ratedoes to a San Pedro payment.
The sliders start at the median San Pedro assumable listing: $897,450 list price and a 3.86% 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)$405,000
45% 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 San Pedro
$2,488/mo
New loan at 7.20%$3,326
Assumed at 3.85%
$2,488
Every month$838
Over five years$50,291
Interest you never pay$421,16626-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 San Pedro listing on UMe shows the actual balance, rate, and payment.
How it works in San Pedro
How to assumea mortgage in San Pedro.
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 San Pedro home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the San Pedro 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 $408,913 in San Pedro 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 San Pedro payment written in a different decade.
San Pedro questions
Assuming a mortgagein San Pedro.
The numbers below come from current San Pedro inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in San Pedro?
As of October 2026, UMe tracks 8 active assumable listings in San Pedro. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in San Pedro?
Current San Pedro inventory breaks down as FHA (6, median 3.86%) and VA (2, median 5.46%). 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 San Pedro?
The lowest rate on an active San Pedro assumable listing is 2.97%, and the median across all 8 listings is 3.86%. 4 listings are under 4% and 4 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 San Pedro?
Across current San Pedro listings, the median principal-and-interest payment on the assumable loan is $1,808 per month versus $2,698 for the same balance at today's rates, a difference of about $890 every month, or $10,685 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 San Pedro?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In San Pedro that gap is currently a median of $408,913 on a median list price of $897,450. 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 San Pedro ZIP codes have the most assumable homes?
The San Pedro ZIP codes with the most active assumable listings are 90731 (5) and 90732 (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 San Pedro?
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 San Pedro.The rate is already on the house.
Every listing on the San Pedro map has a rate you can take over. Start with the ones in San Pedro, get pre-qualified in minutes, and let UMe carry the assumption to closing.