27645 N 174th Dr, Surprise, AZ 85387
4 beds · 4 baths · 2,741 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Discover this beautifully updated and meticulously maintained home in north Peoria's charming Desert Oasis community! Boasting over 2,700 sq. ft. of thoughtfully designed living space, this home offers the perfect blend of style and functionality. The bright and open main level features a spacious Great Room, a separate office, a guest powder room and a stunning dining area. The downstairs primary suite is a true retreat, complete with en suite bath featuring a dual vanity, separate shower and soaking tub and a spacious walk-in closet. The eye-catching kitchen is a chef's dream, showcasing sleek granite countertops, high-end stainless steel appliances, modern pendant lighting, custom backsplash and large island ideal for entertaining. Upstairs you'll find a sprawling loft, three spacious bedrooms and two guest bathrooms provide ultimate space and privacy. Step outside to your true backyard oasis backing to a lush green common area. Enjoy Arizona's beautiful weather with a covered patio, custom stone pavers, separate gazebo and outdoor kitchen--perfect for entertaining or enjoying the beautiful AZ evenings! Conveniently located just minutes from shopping, dining, parks and freeway access this exceptional home has it all!
Source: ARMLS #6845744
Source: ARMLS #6845744
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.