Resort-style living meets space, flexibility, and thoughtful design in this stunning 6BD/3BA, 3,464 SF home tucked at the end of a quiet cul-de-sac in Rancho Vistoso's sought-after Somerset Canyon. From the moment you walk in, the home feels open, bright, and incredibly functional. The layout offers both a formal living room and an expansive family room that flows seamlessly into the kitchen, creating a true great room feel that's perfect for everyday living and entertaining. Large windows and sliding glass doors bring in natural light and connect effortlessly to the backyard and pool--enhancing the indoor-outdoor lifestyle buyers are looking for. The kitchen sits at the center of it all, designed for both function and style. Granite countertops, an oversized island with bar seating, stainless appliances, gas range, and warm maple cabinetry provide ample storage and workspace. A window over the sink looks directly out to the backyard, keeping everything connected whether you're hosting or enjoying a quiet night in. The main level continues to impress with a split bedroom floor plan, offering two bedrooms and a full bath--ideal for guests, multigenerational living, or a private secondary living space. Also on this level is a dedicated media and recreation room, currently showcased as a golf simulator, offering a flexible space that can easily function as a theater, game room, fitness area, or den. Upstairs opens into a spacious loft, offering a versatile area perfect for a playroom or relaxed lounge. The primary suite is positioned for privacy and comfort, featuring beautiful mountain views, a spacious layout, and a spa-like bath with a soaking tub set beneath a picture window, a separate walk-in shower, and generous closet space. Four additional bedrooms upstairs are thoughtfully sized, with one currently used as an office--ideal for work-from-home needs, study space, or a quiet retreat. The upstairs laundry room is conveniently located where it's needed most, making everyday living more efficient. Step outside and the home truly shines. The backyard is designed for Arizona living, featuring a private pool, extended covered patio, pergola, and low-maintenance turf. Multiple seating and entertaining areas create a space that feels both functional and inviting. Whether it's quiet mornings, pool days, or evenings under the desert sky, this is where life happens. Located in Rancho Vistoso, residents enjoy scenic walking and biking paths, nearby parks, golf, and the natural beauty that makes this area so desirable--while still being just minutes from dining, shopping, and everyday conveniences. Homes that offer this combination of space, layout, unique features, and true indoor-outdoor living are hard to find--especially in this location.
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.
