Discover refined desert luxury in this stunning 2023 Sunnyslope model by David Weekley Homes, located in the prestigious Summit at Northpointe within the award-winning Vistancia community. Set on a premium 10,508 square-foot lot, this single-level residence offers breathtaking views of Twin Buttes, White Peak, Saddle Mountains, and city lights from both indoor living spaces and expansive outdoor entertaining areas. From the moment you arrive, the home's Mediterranean-inspired architecture, tile roof, and full paver driveway create timeless curb appeal. A private paver courtyard entry with custom iron security gate and screened entry door welcomes guests into a thoughtfully designed open-concept floor plan spanning 3,304 square feet. Inside, the home showcases elevated finishes including large stone-pattern tile flooring throughout, 10-foot ceilings, two-tone designer paint, upgraded multi-panel doors, and premium cabinetry carried consistently throughout the home. The gourmet kitchen serves as the heart of the home, featuring an oversized granite island, chef's wall of drawers, upper cabinetry, GE Profile statement hood, and integrated refrigerator cabinetry. The impressive 7X18-foot butler's walkthrough pantry adds exceptional storage, natural light, and functional workspace, perfect for entertaining and everyday convenience. Vaulted ceilings in the dining area with motorized pleated blinds providing views of the Twin Buttes mountains and climbing vines on iron trellises provide a peaceful dining experience. The family room boasts a large media wall with a dedicated circuit to power all of the equipment needed to provide a theater-like experience along with the convenience of motorized pleated blinds. The spacious primary suite offers a private retreat with mountain views, motorized pleated blinds, and a spa-inspired bathroom featuring a freestanding soaking tub, dual vanities, and a luxurious walk-in super shower with floor-to-ceiling tile and dual shower systems. A private guest suite includes its own thermostat zone, accessibility features, spa bathroom, walk-in closet, motorized pleated blinds, and scenic mountain views, while two additional bedrooms each feature en-suite bathrooms. A dedicated study provides an ideal home office or flexible living space. Outdoor living is equally exceptional with approximately 755 square feet of travertine entertaining space, including a covered patio, architectural pergola, and a custom KitchenAid natural gas outdoor kitchen designed for year-round entertaining. Professionally designed desert landscaping, view fencing, landscape lighting, and irrigation systems create a low-maintenance backyard oasis. The home also incorporates advanced energy efficiency and smart home features, including spray foam insulation, ENERGY STAR windows and HVAC systems, gas heating and water heater, three-zone climate control, owned water softener and reverse osmosis systems, integrated security, and MyQ smart garage technology. Located just a short walk from The Sovita Club's resort-style amenities and surrounded by miles of scenic trails, this rare semi-custom home offers the perfect blend of luxury, privacy, and community living in one of North Peoria's most desirable neighborhoods.
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.
