VA loan
1 of 124
VA loan
$579,500

15170 W Corrine Dr, Surprise, AZ 85379

5 beds · 4 baths · 2,928 sqft sqft

This stunning home in the highly desirable Marley Park neighborhood combines charm, functionality, and energy efficiency with owned solar. The quintessential Marley Park front porch, accented with stone and a picturesque sidewalk, leads to a spacious interior designed for modern living. The primary suite is conveniently located on the first floor, featuring a luxurious bathroom with upgraded tile shower and bath surround, frameless glass shower door, dual sinks with granite counters, and two separate walk-in closets. Upstairs, four spacious bedrooms provide ample room for everyone, with two sharing a Jack-and-Jill bathroom and the other two enjoying a hall bathroom. Three of these bedrooms feature walk-in closets, ensuring plenty of storage space. The main living areas are adorned with white wooden shutters and beautiful flooring, with no carpetjust tile and high-quality wood-look laminate. The heart of the home, the kitchen, is a chef's dream with a large island, custom pendant lighting, quartz counters, white cabinets, a custom tile backsplash, and stainless steel appliances. A butler's pantry adds extra storage and convenience, complete with additional cabinets, a spacious food pantry, and a separate beverage refrigerator. A large den/office/bonus room near the front door offers flexibility for various uses, while the built-in organization nook with shelves, hooks, and a sliding barn door keeps clutter hidden. The laundry room, also located downstairs, features extra storage cabinets, a quartz counter, utility sink, and an additional storage closet. The home's powder room has been tastefully updated with a new vanity, mirror, and fresh paint. The backyard is a true oasis, featuring a heated pool with a pebble finish, custom LED resort lighting, and a tranquil water feature. The travertine pool surround and stone planter lined with mature ficus trees offer both beauty and privacy. Additionally, the side yard is equipped with artificial turf, perfect for pets. The home's 3-car tandem garage, with spotless epoxy flooring, built-in cabinets, and an overhead storage rack, along with an extra-long driveway, ensures ample parking and storage. With owned solar, this home offers energy efficiency to match its exceptional style. All of this located in the amazing community of Marley Park, featuring three community pools and 21 unique parks connected by an Arbor Walk and within walking distance to schools.

Interest rate 3
4.4%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,518
With Roam
$1,863
Reduce your monthly payments by $345 when you assume this mortgage.
You also save $79,414 in total interest paid.

$343,897
Edit

You may be able to put down less than the total down payment amount of $343,897 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
0.16 acres
Year built
2013
Type
Single Family Residence

Source: ARMLS #6746709

Loan
Remaining term
19 years, 2 months
Rate
4.4%
Monthly P&I
$1,518
Remaining loan balance
$235,602

Source: Public records

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?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Nov 19, 2024 06:01 am
Listing agent: Christie Giannetto (602) 740-2313
Listing provided courtesy of: Real Broker (602) 755-3415
Details provided by ARMLS and may not match the public record.
MLS ID: #6746709
Copyright © 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,518/mo
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