Set on an elevated hillside cul-de-sac lot with mountain views, this fully remodeled home offers privacy, views, and a true move-in-ready experience. The interior has been completely reimagined with curated finishes, a clean modern aesthetic, and abundant natural light. A newly remodeled kitchen, spa-inspired bath, custom doors, and designer lighting create a polished yet welcoming feel. A flexible den with a closet functions as an optional 4th bedroom, home office, or guest space. Outdoors, enjoy an extended patio and resort-style pool with waterfall, framed by scenic views and Arizona sunsets. Major upgrades--including a brand-new roof, brand-new AC's, 3 car garage with finished floors, detached storage shed and fresh interior and exterior paint--are already complete. Same owner for 20+ years, this home showcases genuine pride of ownership and long-term, intentional improvements. Discover the Lifestyle & Location in North Phoenix! Tucked into a desirable North Phoenix enclave, this location offers a thoughtful blend of natural beauty, everyday convenience, and easy connectivity ideal for those who appreciate both quiet surroundings and access to everything the Valley offers. Surrounded by Sonoran Desert scenery and positioned close to shopping, dining, and recreation, this home supports a lifestyle that feels active yet relaxed, refined yet easy to enjoy. Sonoran Desert Access Just minutes from the expansive Phoenix Sonoran Preserve, with over 9,600 acres of protected desert and miles of well-maintained trails for hiking, trail running, and mountain biking. Trailheads such as Apache Wash are a short drive away, making it easy to step outside and reconnect with nature whenever the mood strikes. Scenic Outdoor Recreation Nearby Deem Hills Recreation Area offers dramatic desert terrain, wide-open views, and quieter trails perfect for peaceful morning walks, sunset hikes, or unhurried weekend exploration. Shopping & Dining at Norterra The Shops at Norterra provide a convenient mix of dining, fitness, retail, and entertainment close enough for everyday needs, yet far enough to preserve the calm of the surrounding desert setting. Sports & Entertainment Professional sports, concerts, and major events are easily accessible at State Farm Stadium in Glendale, making game days and live entertainment an easy drive away. Easy Valley Access With nearby freeway connections, commuting to Phoenix, Scottsdale, and key employment centers is straightforward, and Phoenix Sky Harbor International Airport remains comfortably within reach. Weekend Escapes North Phoenix offers a natural gateway to Northern Arizona, with Flagstaff, Sedona, Jerome, and Lake Pleasant all within easy driving distance perfect for cooler summer temperatures, outdoor adventures, and scenic weekend getaways.
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.
