Discover comfort, style & easy desert living in this impeccable fully furnished San Emilio plan, nestled within phase 1 of the prestigious 55+ Active Adult Community of Sun City Shadow Hills. Enter through the leaded glass door into your light & bright, beautifully upgraded living room w/adjacent dining room large enough to entertain friends & family! This home is a phase one home built by Del Webb with special quality features such as 6 inch walls insulated Corinthian Shelves and special insulation in the ceilings. Upgrades include plank, engineered tile, flooring throughout, new decorative window treatments, all new hardware, new backsplash, Shizz in kitchen and laundry room, High end double pane glass front door, 6 inch floor, molding, And all new paint. All cabinetry is high-end wood finishes with sliding drawers. The kitchen features granite countertops, subway tile backsplash, built-in appliance 'garage', an island prep area, SS refrigerator, large pantry, & cozy nook perfect for that morning coffee. The den/office offers views to the back yard &could easily become a bedroom w/privacy door & recessed niche perfect for a closet. The beautiful master suite has patio access, dual vanities, a glass enclosed shower & a gigantic walk-in closet! The guest room, on the opposite side of the home from the primary suite, is perfect for guests to enjoy their privacy. Outside you will find an oasis - open-air entertaining, dining by starlight, or just relaxing to the gentle sounds of the waterfall! The extended patio is covered all across the back, w/ample room just beyond for a hot tub, chase lounges in the sun, or dining al fresco. Turf, low maintenance desertscape, a large 3-hole putting green & a separate outdoor BBQ area complete the resort style atmosphere. Oversized 2-car garage has wood cabinets, a new refrigerator/freezer & lots of storage. Upgrades include: engineered flooring throughout, new decorative window treatments, all new hardware, 6' floor molding, and all new paint. Low HOA dues of $398/mo. Residents of Sun City Shadow Hills enjoy access to 2 championship golf courses w/separate putting course, resort-style clubhouses, state-of-the-art fitness centers, pools, tennis & pickleball courts, bocce ball, 2 outdoor pools & 1 indoor pool and an abundance of social clubs and activities, 2 dog parks, beautiful walking areas & the Shadows restaurant! Feel at ease with 24/7 guard-gated security & offering a vibrant, resort-style 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.
