17652 W Straight Arrow Ln, Surprise, AZ 85387
5 beds · 3 baths · 2,977 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome Home to your 5 bed/2.5 bath upgraded move-in ready home with both a 2 car garage with a work area and an RV extended garage with a Rotary brand 2 post lift, rated at 10,000 lbs with extra height. Both garages are insulated, air conditioned and have extra room for storage. From the front porch, through the custom metal security door you'll find storage in every corner, a main floor bedroom/den, large open concept floorplan, a kitchen with custom cabinets, granite counters, beautiful backsplash, walk in pantry with outlets, large island with seating, RO system, wired ethernet plugs throughout home, 2 separate ISP Fiber options in the neighborhood, neutrally painted, tile flooring, carpeting and large windows with blinds throughout to bring the outdoors in. Upstairs you'll find 4... additional bedrooms, 2 full baths, laundry room and a media loft area. You'll find everything from custom cabinets and flooring, utility sink and another walk-in closet for storage in the laundry room. Primary bedroom suite is highlighted with a large walk in custom tiled shower, with both a handheld and rain shower head and a bench. Extra-long bathroom cabinets/counter with dual sinks and extra drawers, a linen closet, private toilet room and a huge walk-in closet with custom shelving with multiple levels of storage and drawers. Bedrooms 3, 4 and 5 are larger rooms with ceiling fans, custom lighting, carpeting and two with large walk-in closets with custom shelving. Full bathroom with shower/tub, dual sinks and linen closet. The finished backyard includes synthetic grass, perimeter pavers for added design and fun, gazebo, extended covered patio with dual ceiling fans, power outlet and CatV jack for tv, gas stub for a built in bbq, and additional pavers on each side of the home along with desert design landscaping and automatic watering system in the front yard. This home was built on the premium elevated corner lot with convenience, storage, quality and upgrades throughout. Welcome Home. Please see document tab for a list of extensive upgrades.
Source: ARMLS #6852213
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: ARMLS #6852213
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.