18519 W WILLIAMS RD, Surprise, AZ 85387
Discover this exceptional 4 bedroom 3 bath home built in 2020. From the moment you step inside, be greeted by a foyer that enters into the open concept layout that seamlessly connects the kitchen to living area. You'll feel a stylish ambiance throughout the home! Kitchen boasts both style & functionality in mind, large center island, plenty of cabinet space, black hardware and modern fixtures along with a newly installed Reserve osmosis system. Downstairs you will see contemporary tile in the wet areas. A full bathroom and bedroom that can serve as a mother in law suite or guests. Master Suite is private from the rest of the rooms. Features custom cabinets with double sinks, walk in shower & a large closet. Large loft that can be a den or 5th bedroom. Beyond its stunning interior.... the home offers practical benefits including solar panels for significant electric savings. In addition to the two car garage, there is an abidance of parking for additional vehicles and guests. The expansive backyard is a true haven for outdoor living; easy maintenance yard with artificial turf, pavers and a Gazebo that includes hanging lights and outlets for more future projects. The outside bar/built in BBQ features travertine tile, plumbed water for the sink and outlets for those who love to cook and entertain. Complete with the RV gate, there is additional slab for storing your boats, RVs or other recreational toys right on your property. Garage service door near RV gate for easy access to garage. Cabinets for storage in Garage. This home also provides access to a sparkling community pool and well-maintained parks perfect of family outings or relaxing afternoons walking your dog. Don't miss this rare opportunity to own a nearly new home thats been thoughtfully designed with both style and function in mind. This truly offers the best of Arizona living!
You may be able to put down less than the total down payment amount of $54,678 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: #6746511
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.