1294 E La Fortuna Ct, San Tan Valley, AZ 85140
4 beds · 3 baths · 3,000 sqft
San Tan Valley Getaway: Your Dream Home Awaits you! Discover this perfect blend of space, style, and serenity in this stunning newer home, ideal for RV enthusiasts and those seeking ample garage space with its impressive 5-car garage! Boasting 4 bedrooms plus a den and bonus room, this expansive 3,000-square-foot residence offers room for everyone. As you enter, you'll be greeted by beautiful wood plank-look tile flooring that flows seamlessly throughout the main living areas. The home showcases luxury custom touches, including high ceilings adorned with shiplap and beams that add a touch of elegance. At the heart of the home lies a gourmet kitchen, complete with pristine complete with pristine white 42'' cabinets, a chic subway tile backsplash, and sleek quartz countertopsperfect for culinary creations and entertaining. The inviting open layout is enhanced by two-tone paint and a built-in drop zone storage area in the mudroom. Step outside to your 15,500 sqft lot, where the possibilities are endless! Currently featuring low-maintenance artificial turf, shrubs, and granite, there's ample space to create your own resort-style yard. Imagine designing your dream pool, outdoor kitchen, fire pit, or grassy play areaall on a desirable north/south facing lot nestled on a quiet cul-de-sac street. Conveniently located on the border of San Tan Valley and Queen Creek, you'll enjoy easy access to the 24 freeway extension and a variety of shopping and dining options. Experience the tranquility of suburban living while remaining close to city amenities. Don't miss this incredible opportunity to make this beautiful house your home! Come and see!
Source: ARMLS #6773797
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6773797
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: #6773797
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.