566 W Love Rd San Tan Valley, AZ 85143
Your savings
About this home
ASSUMABLE LOAN AT 2.75%! Don't miss this rare opportunity to lock in a low rate and save thousands over the life of your loan! This well maintained 4 bedroom, 3 bathroom home offers 2,655 square feet of functional space and a backyard built for relaxation. Enjoy a private saltwater pool (refinished in 11/25 with new pebbletec and tile) and no rear or side neighbors. Your corner lot retreat backs to a lush greenbelt for added privacy and views. Inside, you'll find a bright, open layout with a full bedroom and bathroom downstairs, perfect for guests or multi-gen living. Upstairs, the primary suite features a private balcony overlooking the greenbelt, while a second bedroom also has its own balcony, ideal for morning coffee or Arizona sunsets over the San Tan Mountains. Additional highlights include a whole-home water filtration system, a partial roof update in 2024, under stair storage with cedar lining, multiple living spaces, and pride of ownership throughout. Located in the desirable Circle Cross Ranch community, residents enjoy multiple playgrounds, BBQ areas, basketball and volleyball courts, plus open fields for baseball, soccer, and football. Near Schnepf Farms, Queen Creek Olive Mill, San Tan Mountain Regional Park, and shopping & dining in Queen Creek and San Tan Valley. This home truly checks every box space, privacy, amenities, and an unbeatable interest rate opportunity!
Source: ARMLS #6935416
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
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.