25928 W Ross Ave, Buckeye, AZ 85396
5 beds · 4 baths · 4,067 sqft sqft
You want more space - This sparkling gem boasts extended 3 car garage, 5 Bedrooms, 4 FULL bathrooms plus a Loft, Den, AND additional Private Flex Space all situated on a large pie shaped lot. Check out that driveway, perfect size for your truck or full size SUV before walking up to the cute porch and stepping into the beautiful foyer accented by a neutral color palette and cool tile. Grand circular passageway invites you to: check out your new private office (or play room), peek into the Den (perfect for gamers or can be a 6th bedroom) or head into the open kitchen overlooking a great room that can accommodate dining and living -entertainers dream. Anything you can dream of wanting will fit beautifully into this highly functional and spacious floor plan Upstairs enjoy an expansive loft, making for a great common area to the secondary bedrooms. The Split master is your own private retreat to unwind which includes ample space for relaxation plus bathroom complete with soaking tub, step in shower, and dual vanities. Large backyard is perfect for play but has room for your custom touches.
Source: ARMLS #6772991
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6772991
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: #6772991
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.