Gorgeous atrium ranch in a sought-after subdivision bordering Paradise Valley Golf Course! Over 3,400 sq ft of total living area, 3 bedrooms, plus a dedicated office that could be a 4th bedroom, 3 full baths, 2 car garage, and a circular driveway with parking for multiple vehicles. The main level showcases hardwood floors, some crown moldings, dedicated office space with French doors (possible 4th bedroom), a formal dining room with decorative recessed ceiling & niche, a vaulted great room overlooking the large atrium window includes a gas fireplace, and a spacious vaulted eat in kitchen featuring 42” cabinets, breakfast bar & NEW double oven/gas stove top. Just off the kitchen is the main floor laundry and a cozy covered deck for your morning coffee or watching all the wildlife. The primary bedroom boast vaulted ceiling, walk in closet and the en-suite includes dual sinks, a jetted tub, and separate shower. An additional bedroom & hall bath round out the main floor. The finished lower level is a showstopper with 9’ ceilings, a wet bar, rec area, large family room with a brick fireplace, another bedroom, and full bath. BUT WAIT THERE IS MORE!!!: there is storage in the HVAC room and a 21’ x 18’ bunker/storage room ....... all this walks out to the 2nd deck backing to trees for privacy. Additional features include New roof- gutter- downspouts in 2025, main floor has Anderson windows in 2022 (all except the atrium and palladium windows), Lower level window are from window direct new in 2025, HVAC heat pump 2024, NEW carpet in lower level, office, and all bedrooms in 2025. New doors to both decks. French drain system installed in driveway in 2025. Trash & recycling are include in the HOA fee. Just minutes from Hwy 44 this home is filled with thoughtful details throughout. A truly unique property offering elegance, comfort, and a peaceful setting in a prime location!
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.
