This solidly built early-2000s home offers a rare combination of durability, thoughtful upgrades, and a highly efficient floor plan that sets it apart from many newer builds that often come with early structural and maintenance concerns. From the moment you enter, the home presents a desirable layout with no wasted space--no long hallways or unusable upstairs landings--creating a clean, functional flow throughout. The bedrooms are generously sized, offering comfortable private spaces for all occupants. A key design advantage is the smart vertical separation: the primary suite is positioned above the living room and garage, while the secondary bedrooms and staircase are located over the garage and downstairs den. This layout significantly reduces noise transfer into the main living areas, enhancing day-to-day livability. The kitchen and interior finishes include upgraded granite countertops, complemented by multiple thoughtful improvements throughout the home. The primary suite features a built-in custom closet system by California Closets, adding both organization and upscale functionality. Energy efficiency and comfort were clearly considered in the home's design. The back of the home faces due south, allowing for excellent natural sunlight in the downstairs living areas during the winter months while minimizing heat gain in the summer. Solar screens on all south-facing windows further enhance temperature control and help reduce cooling costs during peak Arizona heat. Exterior maintenance has been proactively addressed. The home was repainted within the last five years using premium products from Dunn-Edwards Paints. All stucco surfaces were back-rolled for improved adhesion and durability, with the south-facing elevation receiving a double coat to help prevent premature fading and improve long-term heat resistance. As a result, the exterior is well protected and should not require repainting for many years. Overall, this is a well-maintained, intelligently designed home that balances durability, comfort, and energy efficiency in a highly functional floor plan.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
