Perched on one of the larger lots overlooking the 4th fairway, this exceptional residence captures breathtaking golf course views and timeless Tuscan-inspired elegance. Beyond the private iron gate, a charming front courtyard welcomes you, featuring a 230 square foot bonus room, perfect for a private office, media room, studio or custom retreat tailored to your lifestyle. The main residence spans 3,358 square feet of thoughtfully designed living space, showcasing superior craftsmanship throughout. The kitchen is a true centerpiece, with a massive granite island and breakfast bar, buffet countertop, upgraded cabinetry with custom pull-out shelving, gas cooktop, built-in refrigerator and a spacious eat-in area ideal for both everyday living and entertaining. The home offers a private den, two secondary bedrooms, and an expansive primary suite designed for comfort and luxury. The spa-inspired bath boasts generous space and an oversized walk-in closet. The living room is anchored by a striking stone fireplace and framed by stunning unobstructed views, while a sliding wall of glass seamlessly connects indoor and outdoor living. Step outside to a truly resort-style backyard, where a 4-year-old salt water pool and spa take center stage. Entertain effortlessly in the outdoor kitchen beneath a newly added pergola, then unwind by the fire pit surrounded by mature landscaping and a misting system, perfect for Arizona living. The oversized lot also features artificial turf and thoughtful details throughout. Additional highlights include newer A/C and gas water heater, split A/C systems in garage and bonus room, fresh interior and exterior paint, a snake fence for pet protection and fully owned solar. Optional membership at Blackstone Country Club offers access to premier amenities within this sought-after guard-gated community known for its pristine landscaping and prime location. Conveniently located near Loop 303, the new Fry's Marketplace, popular dining options and exciting future developments, this remarkable home is truly one-of-a-kind and must be experienced in person to be fully appreciated.
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.
