21372 E Charmaine Rd, Red Rock, AZ 85145
4 beds · 2 baths · sqft
21372 E. Charmaine Rd. offers 4 spacious bedrooms and sits right on a greenbelt, with no rear neighbors, and boasts a stunning view of Picacho Peak--visible directly from the living room's double-wide sliding glass doors! The home features a beautiful kitchen, and a master bathroom designed for relaxation. Located conveniently off I-10 at mile marker 226, this home is perfectly situated between the vibrant cities of Phoenix and Tucson. For your everyday needs, Casa Grande and Marana are nearby, offering shopping options like Costco, Walmart, premium outlets, and a variety of local shops.Looking to cool off or entertain? The exclusive Richmond American HOA provides access to an Olympic-sized community pool with two massive water slides--just use your HOA PIV card! If you're feeling competitive, enjoy a game of volleyball in the sand pits with cooling misters, or shoot some hoops on the basketball court. There's even a skateboard park! So don't forget to bring your floaties, basketball, volleyball, and helmets when you visit Red Rock. But the fun doesn't stop there! If you're into hiking, biking, or off-roading, Sasco Road will lead you to endless adventures. You'll be minutes away from the Ironwood Forest National Monument and Picacho Peak State Park, offering plenty of challenges and good times. For families, the Red Rock Elementary School District is centrally located within this great community. Red Rock, Arizona, is truly a super cool place to live!
Source: SOUTHAR #22426309
Interest rate and monthly payment estimated based on public records.
Source: SOUTHAR #22426309
Source: Public records
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: #22426309
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