3407 W Steinbeck Dr, Anthem, AZ 85086
2 beds · 2 baths · 1,217 sqft
''Sweet and Low'', welcome to this cute Jewel model. Our owner has made just the right updates/upgrades; fresh carpet, beautiful knotty plank style tile, granite countertops, classic white appliances, epoxy garage flooring, security front screen door, pretty turf, garage components and updated HVAC system. Have a large downpayment? The ideal location and lot provide plenty of ''sky'' and is within a short distance of the large Anthem Park and clubhouse. Lucky enough to only need a small loan? Assume with qualifying approximately $156,000 VA loan at 3.625%! Our location is within the award-winning master planned community of Anthem. This resort style community features: a 64-acre park/ part playground and part small town; ''see more'' catch and release fishing lake/ 4 acres of fabulous fishing; Daisy Mountain Railroad/ where everyone can enjoy a ride in the park; tennis courts & Pickleball courts for a friendly match; full court indoor and outdoor basketball/ for team sports or a pickup game; walking paths/ to take in a little nature; acres of softball, volleyball and soccer fields/ for your enjoyment; picnic areas/ for those holidays; and a recently updated state of the art skateboard roller court. There is also a community center which offers: an Olympic pool with lap lanes and diving tank; a water park with a 400,000-gallon splash bucket, 24-foot tower with two water slides, water playground and tot pool; three-story rock-climbing wall; and a state-of-the-art fitness center. So much fun to have! Located just off I-17 for access up north or to the city/airport. Plenty of shopping, entertainment and more in the area.
Source: ARMLS #6833193
Financials
Source: ARMLS #6833193
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.