Welcome to wide open space and endless possibilities in Maricopa! Situated on 1.25 fully fenced acres, this property offers the perfect blend of comfort, functionality, and room to live the lifestyle you've been looking for. From the moment you arrive, you'll appreciate the convenience of the RV gate with direct road access, plus dedicated RV electric and water hookups -- ideal for your toys, guests, or extended stays. Car enthusiasts, hobbyists, and business owners will love the incredible garage setup: a 2-car attached garage PLUS a 3-car detached garage featuring one bay fully outfitted as a workshop with 10-foot ceilings, 220 wiring, abundant lighting, ceiling fan, built-in cupboards, and attic storage. Whether you're working on projects or need serious storage space, this setup delivers. Inside, the thoughtfully designed split floor plan offers 3 bedrooms and 2 bathrooms with both comfort and privacy in mind. The kitchen features Corian countertops, a newer stove and dishwasher, and opens seamlessly into the living space with built-in fireplace and 11 ft ceilings. The formal dining room offers flexibility as a den, office, or bonus room to suit your needs. The primary suite is a true retreat, complete with private patio access leading to the spa, a spacious ensuite bathroom with separate oversized soaking tub and large walk-in shower, dual vanities, and a generous walk-in closet. Additional upgrades and features include: $17,000 in brand new windows Reverse Osmosis system & water softener All newer faucets throughout Good-sized laundry room with extra refrigerator (included) LG front-load washer & dryer (included) Hot tub for relaxing evenings The East/West lot orientation provides an East-facing backyard for cooler shaded afternoons on the patio, while the front of the home captures breathtaking Arizona sunsets. If you've been searching for acreage, garage space, RV accommodations, and a well-maintained home -- all in one -- this one checks the boxes.
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.
