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$545,000 SIGNIN

Sign in to see required down payment for the 2.9% rate

3747 W Memorial Dr, Phoenix, AZ 85086

4 beds · 3 baths · 2,168 sqft

ALL NEWLY UPDATED. No homes behind you and with a pool. Open floor plan with 4 bedrooms, 2.5 baths, and a bonus room perfect for an office. Soaring ceilings, tile & new upgraded waterproof LVP flooring & new carpet add elegance to your new space. Other updates include all new LED lighting, new bathroom Granite Countertops, new garage door and all new hardware throughout. This popular floor plan has the spacious Master bedroom on the main floor with a large, beautiful custom walk-in closet, MB with Beautiful all Granite Master shower and counter tops. The kitchen offers maple cabinets, New black SS LG appliances, granite countertops, and a tiled backsplash. Oh and don't leave out the finished floor in the extended garage for extra storage. The Entire home offers a fresh neutral paint job inside and out, waiting for your individualized touch, while your great room connection to the kitchen is ideal for get togethers. Enjoy a new maintenance-free landscape with a large patio, a pool with in-floor cleaning system, and a resurfaced pool deck. Anthem community provides amenities such as parks, walking trails, grocery stores, and medical facilities, ensuring everything you need is close by. This home combines comfort, style, and convenience in a fantastic neighborhood. This place has so much to offer you have to come check it out for yourself.

Estimated
Seller's interest rate
2.9%
7%
Estimated
Monthly payment

$1,646
$2,189
You may also save up to $166,535 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,189 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
2.9%
Remaining term
25 yrs and 7 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,646
Principal & interest
$1,047
Mortgage insurance
$178
Property taxes
$140
Home insurance
$254
HOA fees
$26
Utilities
Not included

Source: Public records

Home details
Size
2,168 sqft
Lot size
0.13 acres
Year built
2005
Type
Single Family Residence
HOA dues
$26.21

Source: ARMLS #6824864

Qualify

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.

Resources
Frequently asked questions

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.

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.

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.

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 “Save search” 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.

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 620, 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.

View all FAQs
Last updated: Apr 16, 2025 11:03 am
Listing agent: Jenohn Netsanet (480) 251-5918
Listing provided courtesy of: Vylla Home (480) 482-3723
Details provided by ARMLS and may not match the public record.
MLS ID: #6824864
Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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