7848 W Willow Way Florence, AZ 85132
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About this home
3.1% Assumable Loan! Incredible Opportunity in Anthem Ranch! Step into resort-style living with this stunning retreat in the coveted Merrill at Anthem Ranch community and take advantage of a rare 3.1% assumable mortgage! Why settle for today's rates when you can assume a low one and move into your dream home? From the moment you arrive, you'll know this is more than just a house, it's home. The charming curb appeal welcomes you with a 2-car garage plus golf cart storage, and a secure iron gate leads into a private courtyard, perfect for soaking in the mountain air. Inside, you'll find a true showstopper: a chef-inspired kitchen complete with gas stove, upgraded hood, and an expansive island ideal for entertaining. The open layout includes 2 spacious bedrooms, 2.5 bathrooms, and a split floor plan that offers privacy for you and your guests. You'll also enjoy a dedicated office/den, formal dining room, cozy sitting area, and a spacious living room with an extended sliding glass wall that opens to your beautiful backyard featuring your very own spa for relaxing evenings under the stars. Additional upgrades include: Tankless water heater Water softener Hanging shelves in garage Thoughtfully landscaped backyard And the best part? This home isn't just about beauty it's about lifestyle. Anthem Ranch offers one of the most comprehensive active adult communities in Arizona with a 48,000 sq. ft. Recreation Center, indoor and outdoor pools, golf, pickleball, tennis, walking trails, a clubhouse, on-site restaurant, and dozens of clubs and activities to enjoy year-round.
Source: ARMLS #6899952
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.