Rare 3.6% Interest Rate! Arizona Home For Sale with Private Pool VA Assumable Loan Open to All Buyers | 3 Bed + Den | No Rear Neighbors This is the real estate opportunity you've been waiting for--a ''time-capsule'' interest rate in today's market! This impeccably upgraded 3-bedroom plus den, 2-bathroom residence offers a rare 3.6% VA Assumable Rate. The best part? It is open to everyone. You do not need to be a veteran to qualify and lock in massive monthly mortgage savings. The Ultimate Private Lot & Desert Retreat Situated on a premium, private lot, this move-in-ready home offers a level of tranquility that is hard to find. No Neighbors Behind: Backs directly to a serene natural wash and common area. Unobstructed Views: Enjoy peaceful mornings and stunning Arizona sunsets Low-Maintenance Landscaping: Professional desert landscaping means you spend your weekends enjoying the view rather than working on yard maintenance. Luxury Interior Upgrades & Designer Finishes Every inch of this open-concept floor plan has been curated with high-end, modern details: Gourmet Kitchen: A chef's delight featuring sleek Corian countertops, custom cabinetry, stainless steel appliances, and a layout designed for effortless entertaining. Spa-Like Primary Suite: A spacious main bedroom leading to a luxury bathroom with a stunning custom-tiled walk-in shower and dual vanities. Premium Touches: Elegant French doors, stylish plantation shutters throughout, durable screen doors, and a dedicated laundry room with a high-efficiency washer and dryer on elevated storage drawers. Bonus Den/Office: The perfect flexible space for a remote home office, media room, or fourth bedroom. Backyard Oasis with a Sparkling Pool Step through the French doors into a resort-style backyard designed for maximum relaxation: Private Swimming Pool: Fully equipped with a mesh safety cover and heavy-duty sun shade poles to keep the water refreshing all summer long. Indoor-Outdoor Living: Perfect for hosting summer BBQs or enjoying quiet Arizona evenings by the wash.
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.
