South San Francisco, California
Assumable homes for salein South San Francisco, California.
1 home in South San Francisco carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 6.66%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
South San Francisco assumable market
by the numbers.
Assumable mortgagesin South San Francisco, explained.
Every number on this page comes from the live MLS feeds UMe indexes for California, filtered to South San Francisco. Updated November 2026.
How assumptions work for buyersSouth San Francisco, California has 1 home for sale with an assumable mortgage as of November 2026: 1 FHA loan 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 South San Francisco assumable listings start at 6.66% with a median of 6.66%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in South San Francisco lists for $1,295,000, with a median of $823,675 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 $3,032 a month versus $3,305 for the same balance at today's rate, roughly $273 kept every month and $3,281 a year. The most active South San Francisco ZIP codes are 94080 (1).
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 South San Francisco assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Homes on the marketin South San Francisco.
No verified listings in South San Francisco yet.
New assumable listings land every week across California. Search the full map, or save a South San Francisco search and we’ll email you the moment one appears.
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.
What’s in the mixin South San Francisco.
Live counts from the MLS feeds we index for California. Updated November 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 6.66%
- Median rate
- 6.66%
- Median list price
- $1,295,000
- Median cash to assume
- $823,675
South San Francisco listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up1 home
South San Francisco listings by loan type
- FHA1 homemedian 6.66%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
Assumable homesby South San Francisco ZIP code.
Each ZIP opens the South San Francisco map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
What an assumable ratedoes to a South San Francisco payment.
The sliders start at the median South San Francisco assumable listing: $1,295,000 list price and a 6.66% 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.
64% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every South San Francisco listing on UMe shows the actual balance, rate, and payment.
How to assumea mortgage in South San Francisco.
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 South San Francisco home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the South San Francisco 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 $823,675 in South San Francisco 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 South San Francisco payment written in a different decade.
Assuming a mortgagein South San Francisco.
The numbers below come from current South San Francisco inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in South San Francisco?
As of November 2026, UMe tracks 1 active assumable listing in South San Francisco. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in South San Francisco?
Current South San Francisco inventory breaks down as FHA (1, median 6.66%). 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 South San Francisco?
The lowest rate on an active South San Francisco assumable listing is 6.66%, and the median across all 1 listing is 6.66%. 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 South San Francisco?
Across current South San Francisco listings, the median principal-and-interest payment on the assumable loan is $3,032 per month versus $3,305 for the same balance at today's rates, a difference of about $273 every month, or $3,281 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 South San Francisco?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In South San Francisco that gap is currently a median of $823,675 on a median list price of $1,295,000. 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 South San Francisco ZIP codes have the most assumable homes?
The South San Francisco ZIP codes with the most active assumable listings are 94080 (1). 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 South San Francisco?
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.
More assumable homesin California.
Stop overpaying for South San Francisco.The rate is already on the house.
Every listing on the South San Francisco map has a rate you can take over. Start with the ones in South San Francisco, get pre-qualified in minutes, and let UMe carry the assumption to closing.