Welcome to Legado, one of Queen Creek's most desirable communities, where modern living, family-friendly amenities, and the area's incredible growth come together. With new restaurants, shopping, entertainment, and everyday conveniences continuing to arrive throughout Queen Creek, it's easy to see why so many buyers are choosing to call this area home. This beautifully upgraded home offers the perfect blend of style, functionality, and space. Featuring 4 bedrooms, enclosed den, 2.5 bathrooms, and an oversized loft with its own office nook, the flexible layout is designed to adapt to the way you live. The primary suite is conveniently located on the main floor, creating a private retreat separate from the additional bedrooms upstairs. At the heart of the home, the open-concept kitchen flows seamlessly into the living and dining spaces, making it ideal for entertaining and everyday life. Custom shiplap accents, built-in storage, and a cozy fireplace add warmth and character throughout. The formal dining room has been thoughtfully transformed into a stylish bar and entertaining area, creating the perfect space to host friends and family. Step outside and you'll find a backyard designed to be enjoyed year-round. The custom ramada with mounted outdoor TV creates the ultimate gathering spot, while the in-ground trampoline, turf, and pavers offer fun and low-maintenance living. Whether you're entertaining a crowd or enjoying a quiet evening outdoors, this space is ready for it all. The epoxy-finished 3-car garage provides plenty of room for vehicles, storage, hobbies, and weekend projects. Living in Legado means enjoying exceptional community amenities including a splash pad, ninja warrior course, basketball courts, cornhole, playgrounds, and open green spaces that encourage an active lifestyle and strong sense of community. Beautifully upgraded, thoughtfully designed, and located in one of Queen Creek's fastest-growing and most sought-after neighborhoods, this is the kind of home buyers wait for.
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.
