11251 N 186th Ct, Surprise, AZ 85388
3 beds · 2 baths · 1,902 sqft
Come one, Come all, to see this Gorgeous home for sale in the serene Zanjero Trails community. At 1,902 sqft this home offers 3 bedrooms, 2 bathrooms, plus a bonus Den/Office with its very own private Entry/Exit. Ideally located, this home sits on an oversized cul de sac lot w/ no direct neighbors behind and Magnificent views of the White Tank Mountains. Key features include brand new interior paint, all appliances included, garage utility sink, under eave Christmas light package, water softener, Reverse Osmosis system, and 220v hookup in the garage. Your new amazing backyard Retreat come complete with Shade Sails, extra outdoor lighting, storage, planter beds dog run, BBQ stub, as well as apple, cherry, and lemon trees. You will be surrounded by great views and can avoid the city noise, while being a mere 3 miles away from access to the 303, and only 3.3 miles to the new Prasada Gateway shopping center for all of your shopping, dining, and entertaining needs. Not enough, well then how about being 0.5 miles away from the new City of Surprise Aquatic Center including a recreational pool with water feature and slides, a 50-meter competitive pool with diving area, shaded stadium seating, locker rooms, concessions area, splash pads, and a group Ramada area with courts.....all to be completed Summer 2025. Better hurry, great things are coming soon!
Source: ARMLS #6747965
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6747965
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #6747965