Experience the ultimate lifestyle in this extraordinarily nearly 5 acre estate on a true one of a kind property, combining rich history, iconic south western style and modern luxury. Perfectly horse ready with great equestrian facilities, including a four stall mare motel with automatic water, and tack rooms, set amidst stunning nature landscape dotted with saguaros, and seamlessly blending into the curated picturesque surroundings.This superb estate features a fully remodeled interior with character, rich touches like stained glass, custom, inlay floor tiles, copper accents, and thoughtful upgrades throughout. The chef's kitchen is a culinary dream, equipped with Viking appliances a 60 inch gas range with double oven, appliance garages, icemaker beverage center and a charming butler's pantry. Gather around the chef's table in the breakfast nook or entertain family and friends in the elegant dining area with a fireplace. Relax in the primary suite with mountain and city views from the private balcony, a copper soaking tub, a cozy gas fireplace, and a coffee bar. The main residence offers spacious bedrooms and four luxurious baths. An additional detached 1 bed/1bath Casita with kitchen has a successful nine year Airbnb history - perfect for guests, multigenerational living, or rental income. Entertainment is effortless with your private theater room, game room, sports and pickleball court, resort style pool with hot spring spa, waterfall, slide, and kid friendly pool. Enjoy the outdoors with multiple fire pits, a putting green, flagstone, patios, a courtyard and peaceful pathways. The property is fully equipped with sustainable energy solutions including solar power, and back up batteries and a private well ensuring eco-friendly living. This homes exceptional age and craftsmanship have created a residence far more character rich and durable than most new builds - an investment that would cost significantly more to replicate today. Located just 3 to 5 minutes from shopping and dining yet offering peaceful privacy and standoff space from neighbors, this estate is ideal for raising a family, hosting grand gatherings, or enjoying a quiet retreat. With room to build or expand, there are no HOA restrictions, and panoramic mountain and city views. This home offers the best of all worlds. Appraised at 2.2 million, excluding the additional acreage, this luxurious residence is truly a rare find - an inviting, warm oasis that feels like a luxurious hug. Discover your dream lifestyle in Northwest Tucson, where character, comfort and outdoor adventure meet. Owner is a licensed real estate agent in Arizona. Schedule a private tour today, you won't forget the experience of visiting one of the most spacious, character filled in remarkable homes you'll ever see!
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.
