2.24% FHA
$885,000
$3,092/mo
338 Magnolia Street
Compton, CA
— bd— ba— sqft
Long Beach, California
Keep the rate.
Buy the home in Long Beach.
34 assumable homes for sale in Long Beach, with locked rates from 2.68%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
4.07%
vs 7.2% market
$1,610/mo saved
Median locked rate
4.07%
Across 34 assumable listings
Typical monthly savings
$1,610
On a $840,000 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 Long Beach
Homes with a rate worth keeping
2.84% FHA
$580,000
$2,230/mo
705 Thorson Avenue
Compton, CA
3 bd1 ba973 sqft
2.88% FHA
$698,900
$2,605/mo
10970 Avalon Boulevard
Los Angeles, CA
4 bd3 ba1,805 sqft
2.96% FHA
$625,000
$2,512/mo
322 School Street
Compton, CA
4 bd2 ba1,378 sqft
3.11% VA
$1,099,000
$4,190/mo
5147 Harco
Long Beach, CA
3 bd2 ba1,163 sqft
2.77% FHA
$619,900
$2,251/mo
12641 Antigua Court
Lynwood, CA
3 bd3 ba1,588 sqft
Inventory snapshot
What’s assumable in Long Beach right now
Live counts from the MLS feeds we index for California. Updated September 2026.
- Active listings
- 34
- Certified / verified
- 0
- Lowest rate
- 2.68%
- Median rate
- 4.07%
- Median list price
- $840,000
- Median cash to assume
- $345,211
Listings by locked rate
- Under 4%16 homes
- 4% – 5%2 homes
- 5% – 6%2 homes
- 6% and up12 homes
Listings by loan type
- FHA23 homesmedian 4.26%
- VA11 homesmedian 3.54%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Long Beach ZIP code
- 90805
6 assumable homes · median 4.58%
median $664,000
- 90806
4 assumable homes · median 3.28%
median $840,000
- 90810
4 assumable homes · median 3.19%
median $667,500
- 90813
4 assumable homes · median 4.26%
median $637,500
- 90814
4 assumable homes · median 6.78%
median $584,950
- 90802
3 assumable homes · median 6.34%
median $999,000
- 90804
3 assumable homes · median 3.02%
median $1,575,000
- 90815
3 assumable homes · median 4.50%
median $1,254,900
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
- Stockton40
- Sacramento39
- Beaumont37
- Moreno Valley37
Run your numbers
The cost of waiting in Long Beach.
A 7.2% new loan against an assumable one at 4.07%, same balance, 30 years.
You keep every month
$1,326/mo
Over a year$15,913
Monthly payment, side by side
7.2% vs 4.07%
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 Long Beach
Numbers below come from current Long Beach inventory and update as listings change.
- How many assumable homes are for sale in Long Beach?
- As of September 2026, UMe tracks 34 active assumable listings in Long Beach. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Long Beach?
- Current Long Beach inventory breaks down as FHA (23, median 4.26%) and VA (11, median 3.54%). 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 Long Beach right now?
- The lowest rate on an active Long Beach assumable listing is 2.68%, and the median across all 34 listings is 4.07%. 16 listings are under 4% and 18 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 Long Beach?
- Across current Long Beach listings, the median principal-and-interest payment on the assumable loan is $2,788 per month versus $4,398 for the same balance at today's rates, a difference of about $1,610 every month, or $19,325 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 Long Beach?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Long Beach that gap is currently a median of $345,211 on a median list price of $840,000. 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 Long Beach ZIP codes have the most assumable homes?
- The Long Beach ZIP codes with the most active assumable listings are 90805 (6), 90806 (4), 90810 (4), 90813 (4), and 90814 (4). 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 Long Beach?
- 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 Long Beach.
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.
