Welcome Home to 64552 E Horseshoe Bend Road, Saddlebrooke. Where rural living meets city amenities--this is the Tucson horse property you've been searching for. The main residence showcases 3 bedrooms and 2.5 baths with a wood-burning fireplace anchoring the living space, custom cabinetry throughout, and granite and engineered stone countertops in the kitchen. Covered front and back patios extend your outdoor living space, where an intimate courtyard with fire pit and al fresco dining area captures Arizona's legendary sunsets. The attached 2-car garage completes the main home's thoughtful design. A separate 372 square foot casita with full bath offers flexible space for guests, ranch staff, or a private home office--complete with its own covered porch overlooking the corrals. Together, the property provides 4 bedrooms and 3 full baths plus 2 half baths, accommodating both family and the demands of an active equestrian operation. The horse facilities are truly remarkable. A large professionally maintained riding arena and round pen provide ample space for training and daily exercise. The custom metal barn features five enclosed horse stalls equipped with misters and an integrated fly-repellent system to keep your horses comfortable through the desert heat. A dedicated wash rack, tack room, laundry facilities, half bath, and workshop ensure everything you need is steps away. Additional paddocks with a covered loafing shed and convenient trailer parking round out the equine amenities. A mature pecan orchard graces the property, providing both shade and a seasonal harvest that adds to the estate's charm and self-sufficient character. Combined with the well and septic system, you enjoy complete independence from municipal utilities. With no HOA governing this parcel, you have the freedom to customize and expand as your vision dictates. This is rural living with city amenities at its finest--a Tucson horse property that checks every box for the discerning equestrian. Schedule your private tour today.
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.
