12767 E Joffroy Dr, Vail, AZ 85641
4 beds · 3 baths · 2,264 sqft
Get a free consultation call with an expert in the mortgage assumption process.
FHA Assumable Rate 4.75%. Located in the top rated Vail School District. This beautifully designed 2,264 sq. ft. two-story home that seamlessly blends functionality with style, offering a peaceful backyard and landscaped entry. As you step through front door, you're greeted by a spacious entryway that leads directly into the heart of the home. The main floor is thoughtfully laid out to accommodate both everyday living and special occasions. The great room opens into the dining nook and kitchen, creating a central hub for family gatherings. The kitchen features quartz countertops, Carrara marble backsplash, stainless steel appliances, and a large walk-in pantry. Seller is a Licensed Agent. On the main floor, you'll also find a convenient powder room and direct access to the two car garage, WaterTec Soft Water System. The covered patio just off the dining area extends your living space outdoors, perfect for enjoying the beautiful Arizona weather year-round.Upstairs, this plan offers a private sanctuary with four well-appointed bedrooms. The master suite is a true sanctuary, featuring a spacious bedroom, a large walk-in closet, and an en-suite bathroom with dual vanities and a walk-in shower. Mountain top views from the double windows. The upper level also includes three additional bedrooms, each with ample closet space, and a full bathroom conveniently located near the laundry room. A spacious versatile loft or game room provides additional space for relaxation, hobbies, or work, making this home ideal for growing families.((Living at Hanson Ridge means enjoying the best of both worlds - a peaceful, scenic environment with easy access to modern conveniences. The community offers parks, walking paths, and playgrounds, making it a perfect setting for families. This property was built with energy efficiency in mind, meeting DOE Zero Energy Ready Home standards.
Source: SOUTHAR #22506799
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: SOUTHAR #22506799
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.