Address: 5701 Forest View Road, Lakeside, AZ 85929 Subdivision: Scotts Pine Meadows Welcome home to 5701 Forest View Road in Scotts Pine Meadows, a thoughtfully designed 4-bedroom, 2-bath home in Lakeside, AZ that blends comfort, efficiency, and mountain-town charm—perfect for full-time living or a White Mountains retreat. This open-concept home is filled with natural light and offers a welcoming flow from the living area to the kitchen and cozy breakfast nook, ideal for morning coffee or casual meals. With ample storage throughout, every space feels intentional and easy to live in. < Major value upgrades set this home apart: Solar panels valued at $33,000 paid off by the seller with a strong offer, delivering immediate energy savings Whole-home Generac generator system (approx. $2,000 value) for peace of mind year-round HVAC system with a 2-year warranty Two hard-wired Ring doorbells for added security The 4th bedroom, privately located just off the garage, makes an excellent home office, flex space, or guest roomperfect for today's work-from-home lifestyle. Step outside to enjoy the front porch, freshly stained just 6 months ago, and a backyard that includes a chicken coop, adding charm and functionality for those craving a little homestead feel. ( Seller-paid professional cleaning at close of escrow means you'll walk into a truly fresh start. The home does not come furnished, giving you the freedom to make it completely your own. Plus, a mirror-image floorplan is available in the neighborhood, highlighting the thoughtful design and popularity of this layout. Located in the heart of Lakeside, Arizona, this home offers the lifestyle buyers search forquiet streets, fresh mountain air, and proximity to outdoor recreation, while still being close to town conveniences. If you've been searching for a move-in-ready home in the White Mountains, with energy efficiency, modern upgrades, and flexible living space, this one is a must-see. Envision your life hereand make it yours. <2<á
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.
