Back on the market and ready for a Quick Move-In! OWNED SOLAR with newly installed pigeon guard and Power washed roof. This low-maintenance 3-bedroom, 2-bath home in Tartesso is the perfect blank canvas for your next chapter. Step inside and you'll immediately appreciate the open, airy feel of the main living space. With neutral tile throughout the main areas and plush carpet in the bedrooms, this home blends durability with comfort—perfect for everyday living or an easy lock-and-leave lifestyle.The heart of the home is the functional kitchen, which opens to the living room, making it easy to cook, entertain, or simply keep an eye on the big game. Whether you're meal-prepping for the week or hosting friends, this layout keeps everyone connected The adjacent designated dining area offers a separate space to gather without being closed off from the rest of the homeideal for everything from casual dinners to holiday meals.Three generously sized bedrooms offer space for family, guests, or even a home office setup. The primary suite features its own private bath, giving you a quiet retreat at the end of the day. Two additional bedrooms and a second full bath are thoughtfully located in a split floorplan, providing both privacy and flexibility for a variety of lifestyles.The neutral palette makes it easy to personalize, whether your style is modern farmhouse, minimalist chic, or full-on cozy vibes. Bring your vision, your Pinterest board, or just your favorite couchthis home is ready to adapt. Step outside and you'll find a spacious backyard with plenty of room to add a pool, create your dream garden, or simply enjoy Arizona's beautiful desert sunsets. There's more than enough space for kids, pets, or weekend BBQs under the stars. This backyard is ready for your ideas.Located in the master-planned community of Tartesso, you'll have access to scenic walking trails, greenbelts, splash pads, basketball and tennis courts, and Tartesso Sports Parkjust a short walk away. Tartesso is known for its beautiful mountain views, strong community feel, and easy access to the I-10, making commuting to Phoenix or Goodyear a breeze.
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.
