16747 W Wildflower Dr, Surprise, AZ 85387
4 beds · 3 baths · 2,446 sqft sqft
Bring your HORSES to this isolated retreat away from urban life where you will find peace and tranquilty. Built in 2018 this single level home has been gently lived in and is situated on a expansive 1 acre lot. A split floor plan featuring 4 bedrooms and 2.5 baths. The kitchen boasts crisp white cabinetry, quartz countertops with coordinating subway tile and stainless appliances. This opens to the dining space and great room making it ideal for entertaining or casual family living. The dining space and the great room have sliders which open to the backyard. The primary bedroom is spacious and features a spa-like bath complete with a large walk-in shower with custom tile, a garden style tub, dual vanities, and an amazing walk-in closet! Three other bedrooms are also generous in size and each have walk-in closets and share a full size bathroom. A powder room off the hallway is convenient for guests. The laundry room is perfect in size and has a utility sink. The home features wood plank tile throughout along with modern lighting and raised panel interior doors. You will enjoy your evenings under your covered patio with extensive pavers while the kids or dogs run and play on the artificial turf. Plenty of room here for horses or to create your dream backyard with room for a pool and an outdoor kitchen. The sellers will even gift you with solar paid by them IN FULL at closing! This will save on your utiliity bills for years to come! Come enjoy the good life where it is quiet, but not far from shopping, dining, and freeway access.
Source: ARMLS #6727654
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6727654
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: #6727654
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.