36885 N Stoneware Dr, San Tan Valley, AZ 85140
2 beds · 3 baths · 2,124 sqft sqft
This charming house offers approximately 2,124 square feet of living space. It features two bedrooms and two and a half bathrooms. The home boasts a scenic landscape, with a golf course view of Encanterra Country Club's 15th green. The backyard showcases an inviting heated pool, lush landscaping, covered patio and pergola, creating an incredible outdoor living area. The stunning sunrise views from the property are truly captivating. The interior of the home is equally impressive, with an abundance of architectural charm and an inviting entryway. The primary bedroom and additional bedroom are generously sized, and the primary bathroom features elegant tile work and ample counter space. The home's layout is spacious and open, allowing for an abundance of natural light to fill the living spaces. The gourmet kitchen is equipped with granite countertops and high-end appliances, providing an ideal setting for culinary endeavors. The expansive windows throughout the home offer scenic outdoor views, seamlessly integrating the indoor and outdoor living spaces. Additional features of the property include a Murphy-style bed, a golf cart garage, garage storage, an east-facing backyard, gas fire pit, built-in stainless steel gas grill, and a gourmet kitchen. Since the owners are golf members, you will move to the front of the wait list if you are interested in joining the club as a golf member.
Source: ARMLS #6772725
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6772725
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: #6772725
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.