Welcome to your desert retreat in the highly sought-after resort-style golf community of Anthem at Merrill Ranch! Perfectly situated on a premium lot that backs to a walking trail, this beautiful home offers privacy, comfort, and access to an unmatched lifestyle filled with amenities designed for both relaxation and recreation. This home features a charming front courtyard and a kitchen with white staggered cabinetry with soft-close drawers and gleaming granite. Come experience the lifestyle, the community, and the place you'll be proud to own as your home. A charming front courtyard greets you in the front, the front yard is enhanced with attractive brickwork and low-maintenance landscaping, creating a welcoming and polished curb appeal. Living in Anthem at Merrill Ranch means more than just owning a home--it's about embracing a lifestyle. Residents enjoy access to a wide array of resort-style amenities, including a golf course, a heated community pool, state-of-the-art fitness center, workout room, and multiple sports courts for pickleball, tennis, and basketball. The community also features scenic lake parks, walking and biking trails, and beautifully maintained green spaces that invite you to stay active and connected. Come experience the lifestyle, the community, and the place you'll be proud to own as your home. Upgrades: *Soft water loop installed *Soft close kitchen drawers *Front Courtyard *Brick throughout landscaping *Front & Back professionally landscaped *Granite counter tops *Staggered Kitchen Cabinets *Stainless steel appliances *Garage shelves mounted to the ceiling *Back patio wired for fan *Surround sound wired *Gas stub in backyard *Tankless hot water heater * BACKS TO WALKING TRAIL *Consistant gray tile flooring *Garage extension
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.
