VA
Active
20$399,000$90,983 equity gap
- Rate
- 2.81%
7.32%today- Payment
- $1,437/mo
$2,399today
- 2beds
- 2baths
- 1,440sqft
Santa Maria, California
Assumable homes for salein Santa Maria, California.
13 homes in Santa Maria carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.73%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Santa Maria assumable market
by the numbers.
13active assumable listings
2.73%lowest locked rate
$709kmedian list price
$1,058saved per month vs. 7.2%
About the market
Assumable mortgagesin Santa Maria, explained.
Every number on this page comes from the live MLS feeds UMe indexes for California, filtered to Santa Maria. Updated October 2026.
How assumptions work for buyersSanta Maria, California has 13 homes for sale with an assumable mortgage as of October 2026: 7 FHA loans and 6 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 Santa Maria assumable listings start at 2.73% with a median of 6.09%; 3 listings are under 4% and 5 are under 5%.
The median assumable home in Santa Maria lists for $709,000, with a median of $178,208 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 $2,523 a month versus $3,581 for the same balance at today's rate, roughly $1,058 kept every month and $12,692 a year. The most active Santa Maria ZIP codes are 93455 (9), 93454 (2), and 93458 (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 Santa Maria assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Santa Maria
View all 13 on the map Homes on the marketin Santa Maria.
VA
Active
36$520,000$178,992 equity gap
- Rate
- 2.77%
7.32%today- Payment
- $1,573/mo
$2,640today
- 2beds
- 2baths
- 1,349sqft
1508 Oakridge Park, Santa Maria
VA
Active
29$699,000$340,133 equity gap
- Rate
- 2.73%
7.32%today- Payment
- $1,671/mo
$2,820today
- 3beds
- 2baths
- 1,744sqft
375 Cain Drive, Santa Maria
VA
Active
17$675,000$96,507 equity gap
- Rate
- 4.72%
7.32%today- Payment
- $3,238/mo
$4,279today
- 3beds
- 3baths
- 1,546sqft
1378 Blossom Drive, Santa Maria
FHA
Active
29$575,000$396,526 equity gap
- Rate
- 3.55%
7.32%today- Payment
- $1,210/mo
$1,840today
- 2beds
- 2baths
- 1,440sqft
633 Beverly Drive, Nipomo
VA
Active
55$1,035,000$729,692 equity gap
- Rate
- 3.88%
7.32%today- Payment
- $2,153/mo
$3,144today
- 3beds
- 2baths
- 1,718sqft
290 Casa Real Place, Nipomo
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 Santa Maria.
Live counts from the MLS feeds we index for California. Updated October 2026.
- Active listings
- 13
- UMe Certified / verified
- 0
- Lowest rate
- 2.73%
- Median rate
- 6.09%
- Median list price
- $709,000
- Median cash to assume
- $178,208
Santa Maria listings by locked rate
- Under 4%3 homes
- 4% – 5%2 homes
- 5% – 6%1 home
- 6% and up7 homes
Santa Maria listings by loan type
- FHA7 homesmedian 6.58%
- VA6 homesmedian 3.77%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Santa Maria ZIP code.
Each ZIP opens the Santa Maria map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Santa Maria numbers
What an assumable ratedoes to a Santa Maria payment.
The sliders start at the median Santa Maria assumable listing: $709,000 list price and a 6.09% 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)$180,000
25% 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 Santa Maria
$3,391/mo
New loan at 7.20%$3,598
Assumed at 6.10%
$3,391
Every month$206
Over five years$12,376
Interest you never pay$237,04026-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 Santa Maria listing on UMe shows the actual balance, rate, and payment.
How it works in Santa Maria
How to assumea mortgage in Santa Maria.
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 Santa Maria home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Santa Maria 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 $178,208 in Santa Maria 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 Santa Maria payment written in a different decade.
Santa Maria questions
Assuming a mortgagein Santa Maria.
The numbers below come from current Santa Maria inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Santa Maria?
As of October 2026, UMe tracks 13 active assumable listings in Santa Maria. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Santa Maria?
Current Santa Maria inventory breaks down as FHA (7, median 6.58%) and VA (6, median 3.77%). 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 Santa Maria?
The lowest rate on an active Santa Maria assumable listing is 2.73%, and the median across all 13 listings is 6.09%. 3 listings are under 4% and 5 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 Santa Maria?
Across current Santa Maria listings, the median principal-and-interest payment on the assumable loan is $2,523 per month versus $3,581 for the same balance at today's rates, a difference of about $1,058 every month, or $12,692 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 Santa Maria?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Santa Maria that gap is currently a median of $178,208 on a median list price of $709,000. 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 Santa Maria ZIP codes have the most assumable homes?
The Santa Maria ZIP codes with the most active assumable listings are 93455 (9), 93454 (2), and 93458 (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 Santa Maria?
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 Santa Maria.The rate is already on the house.
Every listing on the Santa Maria map has a rate you can take over. Start with the ones in Santa Maria, get pre-qualified in minutes, and let UMe carry the assumption to closing.