Welcome to a superb custom home, built in 2001, and tucked away in a tranquil enclave of just 20 residences in NE Tucson. The front-yard fountain welcomes you into this 2,827 SF residence, which offers four bedrooms, two baths, & a split bedroom floor plan that blends quality craftsmanship with elegant finishes and modern comforts. The spacious Great Room features a stacked-stone gas fireplace, soaring wood-planked ceilings with exposed wood beams, Rogo's polished concrete floors, & newer custom sliding glass doors. The chef's kitchen offers granite slab counters, a tumbled travertine backsplash, & rich knotty alder cabinetry. A full suite of stainless-steel appliances includes a gas range with vent hood, refrigerator, microwave, and dishwasher. The space is anchored by a generous island with a breakfast bar, complemented by a wine rack, a walk-in pantry, and a convenient built-in kitchen desk. Updated lighting and strategically placed solar tubes enhance the natural brightness, making this the heart of the home. The primary suite includes a serene retreat, featuring a cozy two-way gas fireplace, a spa-like bath with soaking tub, walk-in shower, and executive-height dual vanity, plus a custom walk-in closet with built-ins and private access to the backyard. Enjoy outdoor living on a private 0.3-acre lot, featuring a professionally landscaped yard (over $30k invested) with citrus trees. The wraparound covered patio with brick pavers, and an outdoor wood-burning fireplace provides a tranquil setting. Additional Home Amenities: - Two 15 SEER HVAC systems (Sept 2025) with transferrable warranty - Roof recoated in 2024 - Pella windows throughout - Portico installed in 2017 - Accura security system (2017) - Garage enhancements: overhead storage rack, epoxy flooring (2021), replaced springs & openers (2022), plus added storage Nearby Amenities: - Isabella Lee Preserve in Tucson is a mesquite bosque supporting year-round birdlife. - Nearby Sabino Canyon and Mt. Lemmon - Morris K. Udall Park offers sports fields, playgrounds, trails, a splash pad, a dog park, and an outdoor court - Rillito River Park / The Loop: multi-use trails nearby that connect many of Tucson's greenways - Shopping and Restaurants Don't miss the opportunity to make this home your own oasis in a desirable community.
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.
