18722 W DENTON AVE, Litchfield Park, AZ 85340
Welcome to Zanjero Trails in Litchfield Park. Homes by Towne presents the Stella model, 2 story features 2843 sqft of interior living space, 3 BED + (DEN and LOFT) + 2.5 BATHS + 2 CAR Garage, sits on a beautifully landscaped lot with mountain views and perfect outdoor area for relaxing or entertaining. Enter through your new stylish front iron security door into your welcoming entryway, light and bright with a convenient front Den and a powder room. Open concept main living area with wood look tile plank flooring, natural color scheme, can lighting, features two separate patio access doors, joining inside and outside together for those beautiful Arizona days and nights. Updated modern kitchen, freshly painted, elegant Midnight Metro matte porcelain tile backsplash, cherry cabinets... light gray granite countertops and island, clear pendant lighting, gas range, and a spacious pantry for all your storage needs. The upper level features a spacious master bedroom with a full master bath, dual sinks, a separate shower/ tub combo and a walk-in closet, along with 2 additional bedrooms, a full bath plus a loft area. Beautifully landscaped and illuminated outdoor space, centered twin pergola design with paver walkway and turf green spaces on both sides, large covered patio area with two patio access doors creating a great flow. Neighborhood mountain views, Enjoy all the amenities Litchfield Park has to offer! 20 minutes from White Tanks Regional Park, the largest regional park in Maricopa County. Less than 25 min to Estrella Mountain Regional Park which offers camping, hiking, and horseback riding, convenient 303 freeway access, Luke Air Force Base, shopping, dining, entertainment, health care, and less than 25 min. from central Phoenix.
You may be able to put down less than the total down payment amount of $99,001 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: #6724556
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.