Welcome to this beautifully updated 2-bedroom, 2-bath residence, where timeless charm meets modern convenience. Thoughtfully remodeled from top to bottom, this home showcases quality craftsmanship, high-end finishes, and a contemporary aesthetic that is both stylish and functional. Whether you're searching for a peaceful retreat or an entertainer's dream, this home delivers comfort, privacy, and lasting value in a prime setting. Step inside to discover a desirable split-bedroom floor plan, ideal for both everyday living and hosting guests. Every detail has been carefully considered, beginning with all-new insulation and energy-efficient windows that enhance year-round comfort and reduce utility costs. The updated flooring flows seamlessly throughout the home, complemented by lighting fixtures that add warmth and sophistication to each space. The fully renovated kitchen is a true highlight, featuring sleek cabinetry, updated counters, and a streamlined layout that offers both style and function. Ceiling fans have been thoughtfully placed throughout to provide added comfort and air circulation. Both bathrooms have been completely reimagined with tasteful finishes, including new vanities, contemporary fixtures, and beautiful tile work. The spacious primary suite features a private, tranquil setting with a charming barn door entry that adds character and flair. Additional upgrades include a fully modernized electrical system, enhancing safety and efficiency for years to come. Step outside to enjoy not one, but two covered porches-perfect for morning coffee, evening conversations, or entertaining under the Arizona sky. The surrounding park is immaculately maintained, offering paved streets and sidewalks in a peaceful, community-oriented environment. What truly sets this property apart is the absence of any HOA or monthly fees-an increasingly rare benefit that provides more freedom and financial flexibility for the homeowner. This turnkey home is an exceptional opportunity to own a thoughtfully updated, move-in-ready property in a well-kept community. Don't miss your chance to experience the perfect blend of style, comfort, and value. Schedule your private showing today!
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.
