4826 W New World Dr Glendale, AZ 85302
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About this home
Welcome to the desirable Windstream Community, centrally located in the heart of Glendale! This charming home offers a bright and open floor plan with a spacious living and dining area featuring laminate flooring, recessed lighting, ceiling fan, and a large window that fills the space with natural light. The kitchen is well-appointed with a gas range, range hood, counter microwave, dishwasher, refrigerator, double stainless-steel sink, and a high breakfast bar perfect for stool seating. A convenient half bath and a large laundry room with washer and dryer complete the main floor. Upstairs you'll find dual primary suites, each with carpet, ceiling fan, blinds, and private full bathrooms with single sink vanities and shower/tub combos. One suite includes a walk-in closet, while the other offers closet doors and a charming window ledge with extra shelving. Additional features include direct access to a two-car garage, driveway parking, and nearby guest parking. The community amenities are outstandingenjoy a sparkling pool, spa, shaded patio areas, lush grassy spaces, walking paths, and basketball and tennis courts. Nearby shopping, restaurants, freeways access and more. Don't miss the opportunity to see this wonderful home in Windstream!
Source: ARMLS #6911762
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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.