2540 N Yellow Flower Trl, Tucson, AZ 85715
5 beds · 3 baths · 2,389 sqft
Welcome to Red Adobe Pass, a tranquil gated community offering both privacy and convenience to premier amenities. Built in 2005, this exquisite Pepper Viner home boasts 2,389 square feet of living space, featuring five bedrooms plus a loft, three full bathrooms, and a two-car garage with epoxy flooring. The home is move-in ready, complete with a covered patio, landscaped backyard, and a sparkling pool!Upon entering through the foyer, you'll immediately notice the beautiful concrete floors and freshly painted interior in neutral tones. The home showcases breathtaking vaulted ceilings, a grand great room with a gas fireplace, and a dedicated dining space. The kitchen is designed for entertaining, offering a breakfast bar, ample counter space, and stainless steel appliances (including a brand-new LG refrigerator)! Located on the ground level, the primary suite features double vanities, a separate soaking tub and shower, a spacious walk-in closet, and direct access to the backyard. The split floor plan also includes two guest rooms on the main level (one of which can serve as a den or office), a full bathroom, and a laundry room. Upstairs, you'll find two additional bedrooms, another full bathroom, and a versatile loft space. Northeast Tucson offers stunning mountain views and an unparalleled lifestyle. Within minutes, you can explore Catalina Highway, Mount Lemmon, Sabino Canyon, and Redington Pass. Enjoy the beauty of Saguaro National Park East, McDonald Park, and Udall Park, as well as some of the area's best golf courses, shopping, dining, and more!
Source: SOUTHAR #22505283
Interest rate and monthly payment estimated based on public records.
Source: SOUTHAR #22505283
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.