Welcome to Promenade, one of the most sought-after Fulton Homes communities in the East Valley, where resort-style amenities, palm-lined streets, and mountain views create a setting that feels more like a destination than a neighborhood. Built in 2020 and perfectly positioned on a premium corner lot with no neighbors behind, this single-level residence offers a rare combination of privacy, thoughtful design, and elevated outdoor living that is increasingly difficult to find. From the moment you enter, the home feels open, intentional, and designed for connection. A spacious great room anchors the layout, complemented by 4 bedrooms, 3 bathrooms, and a flexible den that adapts easily to a variety of needs. At the center of the home, an oversized kitchen island serves as a natural gathering place, while double sliding glass doors open fully to create a seamless connection to the backyard. Automatic shades spanning the entire wall of glass provide effortless privacy and light control while enhancing the indoor-outdoor lifestyle. The backyard is the showstopper. Over $200,000 has been invested to create a private resort-style retreat that feels more like a luxury vacation than a residential backyard. A heated pool with swim-up bar, fire features, and multiple lounge and entertaining spaces set the stage for year-round enjoyment. An elevated sunset deck captures sweeping Arizona skies, while mountain views and a backdrop of mature palms complete the experience. With no neighbors behind, the sense of privacy is unmatched. Inside, a flexible den offers space for work, hobbies, or relaxation, while the front guest bedroom includes a Murphy bed for added versatility when hosting guests. Beyond the home, Promenade offers an exceptional community lifestyle featuring the Mary Lou Retton Aquatic Center, along with pickleball courts, playgrounds, parks, walking trails, sports courts, and expansive green spaces. Conveniently located near Queen Creek shopping, dining, and everyday amenities, it offers the perfect blend of lifestyle and accessibility. Some homes are well designed. Others are unforgettable. With its rare lot position, single-level layout, resort-caliber backyard, mountain views, and seamless indoor-outdoor living, this is one of the most exceptional homes to come to market in Promenade.
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.
