18722 W Denton Ave, Litchfield Park, AZ 85340
3 beds · 3 baths · 2,843 sqft
Get a free consultation call with an expert in the mortgage assumption process.
VA ASSUMABLE LOAN 3.125% AVAILABLE TO NON-VETERAN BUYERS. Welcome to Zanjero Trails in Litchfield Park. This is the ever-popular 2-story Stella model from Homes by Towne which features 2843 sqft of interior living space and sits on a beautifully landscaped lot. This better-than-new home has great mountain views and a perfect outdoor area with two centered pergolas for relaxing or entertaining, an open concept main living area with 3 BED + (DEN and LOFT) + 2.5 BATH + 2 CAR Garage. 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 lights, features two separate patio access doors, joining inside and out 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.
Source: ARMLS #6853417
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 #6853417
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.