36469 W Alhambra St, Maricopa, AZ 85138
4 beds · 3 baths · 2,364 sqft
Welcome to your private backyard oasis! This beautifully upgraded 4-bedroom, 2.5-bathroom home offers 2,362 square feet of spacious living, designed with both comfort and style in mind. Step inside to discover travertine flooring in the dining and living areas, rich wood flooring in the kitchen, stairs, and upstairs hallways, and plush carpeting in the loft and bedrooms. The chef's kitchen is a standout feature, boasting stainless steel appliances, granite countertops, custom cabinetry, and ample counter space, making it perfect for home-cooked meals and entertaining guests. The spacious primary suite serves as a serene retreat, featuring a luxurious garden tub, separate shower, dual vanities, and a large walk-in closet. The true showstopper of this home is the resort-style backyard, designed for year-round enjoyment. Take a dip in the sparkling pool, work on your golf game on the custom putting green, or host unforgettable gatherings with the built-in BBQ and covered patio. The beautifully maintained desert landscaping ensures minimal upkeep while still providing a picturesque outdoor retreat. Nestled in a family-friendly community, this home is walking distance to an elementary school, making it ideal for families. Whether you're looking for a full-time residence or a vacation home, this property offers everything you need. Don't miss the chance to own this move-in-ready dream home, come and see it today!
Source: ARMLS #6838261
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: ARMLS #6838261
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.