Welcome to resort-style living in the highly sought-after master-planned community of Cadence at Gateway -- one of the East Valley's most desirable neighborhoods for families, professionals, and anyone looking for an active lifestyle with unbeatable amenities and convenience. Perfectly positioned directly across from the incredible community amenities, this highly sought-after Sage model rarely comes available and offers the perfect blend of space, functionality, and lifestyle. Featuring 4 bedrooms, 3 bathrooms, and an oversized flex space ideal for a home office, game room, media room, homeschool setup, or additional living area, this floor plan was thoughtfully designed for modern living. Inside, you'll find beautiful tile flooring throughout the main living areas with plush carpet in the bedrooms, creating the perfect balance of style and comfort. The open-concept layout flows seamlessly and offers plenty of room for entertaining, gathering, or simply enjoying everyday life. Step outside to your peaceful backyard retreat complete with low-maintenance turf landscaping and beautifully designed outdoor space perfect for relaxing, entertaining, pets, or kids at play. What truly makes this home exceptional is the lifestyle that comes with living in Cadence. Residents enjoy access to incredible resort-style amenities including: Two community pools including a lap pool and play pool with waterslides Spa and jacuzzi area Basketball courts Tennis and pickleball courts Multiple parks and expansive greenbelts throughout Walking and biking paths Fully equipped fitness center Dedicated Peloton room Yoga studio Community game room for kids Several gathering rooms and event spaces available for private use and community events Schools conveniently located within the neighborhood Cadence is known for its close-knit sense of community where neighbors become friends and kids are always outside playing. Conveniently located just minutes from the freeway, you can reach almost anywhere in the Valley in 20 minutes or less. Shopping, restaurants, coffee shops, fitness centers, nail salons, and everyday conveniences are all just moments away -- you truly never have to leave the area. Homes like this do not come available often, especially in this location and floor plan. Don't miss your opportunity to own one of the most desirable homes in one of Mesa's premier communities. This one is sure to go fast!
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.
