Live like you are on vacation every day! Whether this is your primary residence or a lock-n-leave second home, you will love the resort stye amenities & carefree living at Villages of Aviano. A+ location in the valley! Up the road to great shopping, dining, & entertainment at Desert Ridge Marketplace & City North. Close to golf & great hiking/biking trails. Plus just miles from popular Scottsdale attractions such as the TPC for the Phoenix Open, the Barrett Jackson Car Auction, & WestWorld, plus hot spots like Kierland Commons & Scottsdale Quarter. This wonderful townhome is the most popular floor plan in the community! Enter into the foyer with a closet & garage access, then upstairs all living areas are on one level. You'll love the open great room layout! Light & bright with high ... ceilings. The kitchen has a breakfast bar overlooking the spacious family room - perfect for spending time with family or entertaining friends. Handsome granite counters & stainless steel appliances - refrigerator included! Surround sound speakers in family room. The bedrooms are split providing separation & maximum privacy. You will LOVE the primary suite! The large bedroom has a window seat & walk-in closet. The bathroom has a large dual sink vanity, private toilet room & an oversized shower with two shower heads. The spa-like custom shower was installed in 2017 & is unique to this townhome - you won't find it in others! There is a huge room off the primary suite with private balcony access. Perfect for a secluded retreat, den/home office, exercise or craft room, nursery, etc - use to suit your needs! The second bedroom has balcony access & the second full bathroom is conveniently right next to it. Spacious laundry room with storage & folding counter - washer/dryer included. The 2 car garage has a HUGE storage area (can almost fit a third vehicle!). A/C air handler replaced 2022. New garage door 2022. Enjoy resort-style living every day! Wonderful private amenities for Villages at Aviano only - heated pool & workout facility, etc PLUS you have access to the amazing Aviano amenities just across the street! You'll love the 16,000 sq ft clubhouse, resort-like heated pool & spa, fitness center, tennis & pickleball, & more! There are walking trails, parks & playgrounds throughout the lovely Desert Ridge community. Rentals allowed - 30 day minimum per HOA. Easy freeway access all over the valley, including a quick 22 minute drive to Sky Harbor International Airport. Near Mayo Clinic & major employers such as American Express, Republic Services, etc. In the highly desired Paradise Valley School district & blocks to some of the best schools in it! Current VA loan of $280K at 2.5% is assumable if qualified with your VA certificate. Tour this wonderful townhome today & you will want to call it home!
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.
