18410 W PIONEER ST, Goodyear, AZ 85338
Come see this versatile property that offers an enclosed RV garage & a wonderful place to call home! In addition to 3 bedrooms, this great room floor plan also offers flex space that can be used as a game room, work out area or office. Enjoy spacious green parks, walking paths & a quiet neighborhood. This well-kept open floor plan is sure to please with it's upgraded kitchen featuring stylish cabinets, tiled backsplash, roomy kitchen island & Quartz countertops. The insulated garage is also enhanced w/ mini splits to cool your work space, has an overheight area, & an extended length for a variety of enclosed parking options as well as custom cabinets/storage rack. Other features include: extended paver driveway which leads to a concrete pad behind the utility gate, & back patio pavers! Bonus misc items: RV garage portion measurements are 40 ft in length and 14ft tall door with 16ft clear height, large walk-in tile shower in master, tiled 2nd bath shower, water softener, 2 year old water heater, whole house surge protector, wired fiber optics for improved efficiency and speed of telecommunications services/internet transmission, sun shades on sun bearing windows, custom tint on Arcadia doors and east facing windows.
You may be able to put down less than the total down payment amount of $173,560 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #6753104