42341 W Ramirez Dr, Maricopa, AZ 85138
4 beds · 3 baths · 2,118 sqft
Welcome to your dream home in the heart of Santa Rosa Springs, one of Maricopa's most desirable communities! This stunning 4-bedroom, 2.5-bathroom, 2 car garage, Smart Home on a 6,802 sq. ft. lot combines modern convenience with timeless charm, offering cutting-edge technology to simplify daily living. Enjoy 2,118 sq. ft. of cozy yet spacious living areas, a beautifully designed kitchen with stunning appliances, and a luxurious primary suite, perfect for comfort and style. Santa Rosa Springs offers a welcoming neighborhood with scenic walking trails, parks, and easy access to local shopping and dining. Located in Maricopa, one of Arizona's fastest-growing cities, this home provides an ideal blend of small-town charm and modern amenities. With a thriving community atmosphere, Maricopa's housing market offers excellent value and quality, making it a prime spot for anyone looking for a new place to call home. With a $24k total PRICE REDUCTION you won't want to miss this incredible opportunity! Schedule your private showing today and see why Maricopa is a great place to live!
Source: ARMLS #6754556
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6754556
Source: Public records
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
