3390 S Desert Echo Rd, Tucson, AZ 85735
4 beds · 2 baths · sqft
Welcome to your desert oasis! Nestled in the serene landscape of Tucson, this charming property offers a perfect blend of comfort and Southwestern style. As you approach the home, you'll be greeted by beautiful desert exterior features with a warm, earthy palette, complimented by clean low maintenance landscaping. Step inside to discover a bright and airy open floor plan, tile throughout the shared living space, where natural light floods the living spaces. The living room is perfect for gatherings, featuring high ceilings near the open concept kitchen. The kitchen has pull out drawers and an island. Primary bedroom has walk in shower with custom walk in closet. Enjoy the large backyard with clean low maintenance landscaping as well! The kitchen boasts modern appliances, ample counter space, and a convenient breakfast bar, making it ideal for both cooking and entertaining. Adjacent to the kitchen, the dining area offers a lovely space for family meals, with easy access to the outdoor patio. Retreat to the spacious primary bedroom, complete with an en-suite bathroom and generous closet space. Additional bedrooms provide versatility for guests, a home office, or creative spaces, ensuring everyone has their own retreat. Outside, the backyard is a true highlight, featuring a covered patio where you can enjoy breathtaking sunsets and starry nights. The low-maintenance landscaping allows you to soak in the beauty of the desert without the hassle. Home comes with solar lease that truly helps keep monthly utilities at a super low cost. Located just minutes from local amenities, hiking trails, and parks, this home offers the perfect balance of privacy and convenience. Experience the best of Tucson living at this inviting property.
Source: SOUTHAR #22424676
Interest rate and monthly payment estimated based on public records.
Source: SOUTHAR #22424676
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: #22424676
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.