10615 W VIA MONTOYA DR, Peoria, AZ 85383
**ALLURING & MAGNIFICENT** Spacious Floorplan w/5 (large) Bedrooms, Loft & Downstairs Master Suite! Interior Features include Granite C/Tops, Matching Cabinetry throughout including 42-inch Uppers in Kitchen, Island w/Bar Seating & Pendants, Pantry, Stainless Appliances including Double Oven (Fridge, Washer & Dryer stay), Custom Backsplash, Crown Moulding, Window Treatments, Tile Flooring + Hardwood Stairs and Built-In Cabinets/Storage inside Laundry Room, Master Closet & Garage. Outside you'll find RV Gates w/Parking Access on both sides of the Property (no HOA), Heated Pool with Lounging Shelf & Lap Lane, Hot Tub, Pergola, Covered Patio, Real Green Grass & more! Prime Location close to Lake Pleasant, Four Corners Shopping + Dining, Desirable Schools & Alta Vista Park. Keep reading... Additional interior upgrades: ceiling fans throughout, window blinds + curtains/rods, soft-close cabinetry, Ecobee Thermostats, video security system, second refrigerator in the garage stays too, dual sinks & taller vanity in master bathroom, walk-in closet in master and another bedroom and pet door to the outside. French Doors lead out the Master to the Hot Tub relaxation area, concrete slab behind one of the RV Gates, service door on the garage side, string lights convey, back fence is stuccoed & painted, exterior illumination, water feature in the pool plus sleeves for umbrellas / volleyball, front porch, coach lights, leased solar and the list goes on. Alta Vista Park has plenty of field space, playground, tennis, pickleball, basketball, ramadas, dog park and it's an active park with many fitness class offerings. Zuni Hills (K-8) and Liberty High School are both highly desirable and within the Award-Winning Peoria Unified School District. Don't forget the Roof was replaced along with both A/C Units just last year.
You may be able to put down less than the total down payment amount of $228,500 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #6753745