Nestled on a sprawling 1.80-acre parcel surrounded by the timeless beauty of the Sonoran Desert, this exceptional property captures the best of Tucson's outdoor lifestyle. Enjoy breathtaking views of both the Catalina Foothills and Rincon Mountains, where golden sunsets and soft desert breezes frame your everyday backdrop. Rare opportunity to have a horse arena with lighting and water is ready for immediate use, and add the many features and benefits of this home.Designed for seamless indoor-outdoor living, the home offers a wonderful sense of space and tranquility. The expansive wall of windows in the main living area perfectly frames the Rincon vistas, high wood-beamed accents in the living room, and warm architectural details create a natural desert elegance throughout. The open kitchen is both functional and beautiful, featuring a striking granite island and counters, and a farmhouse sink overlooking the private backyard. A cozy family room with a corner gas fireplace opens directly to the outdoor patio, inviting relaxation and gatherings under the desert sky. The primary suite is a true retreat, complete with a private patio ideal for sunrise coffee, a spa-inspired bathroom with a garden tub, a huge tiled walk-in shower with multiple shower heads, double vanities, and a luxury Toto bidet. Step outside and immerse yourself in Tucson's natural splendor, from the lush desert landscaping to the east-facing patios that capture the perfect morning light. New spacious Tuff Shed and two additional storage structures offer ample space for tools, gear, or hobbies, and horse gear. For recreation enthusiasts, there's a 50-amp RV pad with a washout, a 3-car garage, and plenty of room for your desert toys. With no HOA, newer windows, fresh paint, and updated HVAC systems, this home blends comfort, function, and freedom in one of Tucson's most desirable northeast settings. A rare opportunity to live surrounded by desert beauty, private, peaceful, and ready for your lifestyle.
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.
