Experience contemporary desert luxury at its absolute finest in this stunning executive estate, perfectly situated on a premium corner lot within the highly coveted gated master plan of Dove Mountain! Built to impress in 2021, this meticulously designed 4BD/3.5BA (2,830 sqft) single-story residence is absolutely packed with high-end designer upgrades, offering a ''better-than-new'' environment tailored for effortless family living and grand weekend hosting. Arrive to find pristine desert views framing both the front and back of the property, creating an immediate connection to Southern Arizona's tranquil natural beauty. Step past the welcoming entrance foyer into a light-filled interior characterized by soaring high ceilings, modern ceramic tile flooring, and double-pane windows that filter in an abundance of natural light. The heart of the home is a massive gourmet chef's kitchen featuring a sprawling central social island, a premium gas cooktop, built-in appliances, a reverse osmosis water filter, and an adjacent den area perfect for a tech center or homework hub. The split-bedroom footprint offers ultimate privacy for everyone. The luxurious primary suite serves as a quiet sanctuary, complete with high ceilings, a massive walk-in closet, and a spa-inspired bath layout. Three additional well-proportioned guest bedrooms and three-and-a-half total bathrooms ensure family and visitors have a comfortable wing of their own. Practical additions like a dedicated laundry room outfitted with a utility sink and integrated storage cabinets, an included home water softener system, and an expansive 3-car garage elevate daily convenience. Outdoor living is pure magic behind the secure block wall fencing. The deep rear covered patio opens to low-maintenance artificial turf and a professionally drip-irrigated tree perimeter--offering a highly private sanctuary perfect for watching Arizona's famous colorful evening sunsets fade into starry night skies. Complete with a neighborhood setting just minutes from the award-winning Dove Mountain CSTEM K-8 School and thousands of acres of premier hiking and championship golf, this turnkey residence delivers an unmatched high-desert lifestyle!
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.
