1103 Arrowhead Ave Las Vegas, NV 89106
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About this home
Step into this charming 3-bedroom, 2-bathroom Las Vegas abode, perfect for first-time buyers, families, or savvy investors. Recently enhanced with new windows, a fresh A/C system, and a brand-new water heater, this house promises comfort and efficiency from day one. Revel in the eco-friendly benefits of solar power, ensuring lower utility bills and a greener lifestyle. Nestled on a generous 6,970 square foot lot, the property offers ample space for your outdoor dreams to take flight. The large backyard is a blank canvas awaiting your personal touch—envision cozy family gatherings, lively barbecues, or a serene garden oasis. Ready to host and entertain, this house is designed for making memories. Situated with convenient freeway access, you're never far from the heartbeat of the city. Whether you're looking to nestle into a new family home or capitalize on a prime investment opportunity, this property is a welcoming haven that ticks all the boxes.
Source: LASVEGAS #2713334
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
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If you find a better price on any home, we’ll match it.
FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.