2927 E El Moro Ave, Mesa, AZ 85204
4 beds · 2 baths · 1,616 sqft sqft
Welcome to 2927 East El Moro Ave, Mesa, AZ! This beautifully maintained, single-level home offers 1,616 sqft of comfortable living space, featuring 4 spacious bedrooms and 2 modern bathrooms. As you step inside, you'll be greeted by an open floor plan that seamlessly connects two large living areas, perfect for both relaxation and entertaining. Natural light pours in through well-placed windows, creating a bright and inviting atmosphere throughout. The heart of the home, the kitchen, is equipped with stainless steel appliances, ample cabinet space for all your culinary needs, and a generous window above the sink that provides a serene view of the backyard and pool. The master suite is a true retreat, offering plenty of space, a large closet, and an updated bathroom with a sleek walk-in shower. The remaining bedrooms are equally well-sized, providing comfort and flexibility for family, guests, or even a home office. The second bathroom has also been tastefully updated with modern finishes, ensuring comfort and style for all. The outdoor space is truly an entertainer's dream. Step outside to a covered patio that overlooks the sparkling poolperfect for cooling off on warm Arizona days. The backyard offers plenty of room for get-togethers, barbecues, and cozy nights around a fire pit during cooler evenings. Whether you're hosting friends or enjoying a quiet night in, this outdoor space is designed for year-round enjoyment. Located just minutes from the US-60, this home offers convenience and accessibility to nearby attractions. Enjoy the best of both worlds with quick access to the charming Downtown Gilbert, the vibrant Downtown Mesa, and the popular Dana Park shopping and dining district. With its ideal location, modern upgrades, and inviting layout, this home is perfect for those seeking both comfort and convenience. Don't miss your chance to make this beautiful home yours!
Source: ARMLS #6756491
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6756491
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: #6756491
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.