19326 E Silver Creek Ln, Queen Creek, AZ 85142
4 beds · 3 baths · 3,240 sqft
*MOTIVATED SELLER!* Welcome Home! Discover the spacious 4-bedroom, 3-bathroom residence nestled on nearly an acre of lush land. This property is a hidden oasis in the city, with numerous upgrades and offering the perfect setting for entertaining. With 3,240 square feet of living space, there's room for everyone to enjoy their own private retreat. The split floor plan features vaulted ceilings and large windows in every room, framing picturesque views of the private courtyard. Surrounded by mature palms, assorted trees, and blooming shrubs, the outdoor space includes a serene desert pool with a cascading waterfall, a relaxing jacuzzi, and a charming paver patio. Revel in the stunning 180-degree vistas of the backyard, creating a peaceful retreat that feels worlds away from the urban bustle Updates include a new roof installed in 2023, connection to city sewer in 2024, fresh interior and exterior paint, and all-new custom-tiled bathrooms featuring walk-in showers. The addition of a new walk-in master closet enhances the convenience and luxury of the home. Enjoy the elegant wood tile flooring throughout most areas, while the east bedrooms have been upgraded with plush new carpeting. The property also boasts a spacious 3-car garage with an additional workroom for added functionality. Ample room on the east side of the estate allows for the potential addition of an RV space or expansive workshop, catering to various lifestyle needs.
Source: ARMLS #6704221
Source: ARMLS #6704221
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #6704221
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.