29040 N BRENNER PASS RD, San Tan Valley, AZ 85144
Wonderful semi-custom home on a fully fenced 1.33 acre property nestled in the San Tan Mountains with amazing mountain views. This 4 bedroom, 2.5 bath home features upgraded extended tile floors throughout & carpet in the bedrooms. Your gourmet kitchen has beautiful white cabinets, granite countertops with custom backsplash, RO system, large pantry, pendant lighting & oversized two-tone breakfast island overlooking your great room, which is perfect to entertain in. Primary bedroom has amazing views out back & bathroom has walk-in closet, colored marble double sinks, custom tiled bathtub & separate walk in shower with rainfall shower head, surrounding tile & stone. Other bedrooms are generous in size & you have upgraded secondary bathrooms. Home has custom two-tone paint throughout, ceiling fans in all the rooms, blinds throughout, custom barn door in guest bedroom, water softener & drinking filter system. Great inside laundry room with so much space & separate sink area. Your 4 car extended length garage is perfect for all your toys. This home has privacy & great 360 degree views all around. Your extended paver covered patio is great for backyard BBQ's & overlooks your large grassy area & desert landscaping. Did I mention the amazing closeup mountain views! This home has a private well with a connected water tank. Close but not too close to town and no HOA. Enjoy quiet living with the space, hop on your horses or go on an amazing walk around the San Tan Mountains Regional Park area with over 10,000 acres of desert with hiking/biking trails & a visitors center with wildlife exhibits, Too much to list, come check it out today!
You may be able to put down less than the total down payment amount of $379,746 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #6753124