3825 E County Down Dr, Chandler, AZ 85249
2 beds · 2 baths · sqft sqft
Custom designer Daybreak on a N/S facing lot right in the heart of Solera. The home is centrally located close to the Community Center and Lone Tree Golf Club. This stunning home features designer paint, Plantation Shutters, Gorgeous granite counters and 18'' tiles T/O. Beautiful wood floors in MBR along with Bay windows and private access to covered extended patio. This home boasts so many special features they are too numerous to mention. A few are 42'' white cabinets in kitchen, wet bar off kitchen with wine rack, extra sink in laundry for rinsing, newer water heater, all newer SS appliances, R/O and Water heater. Security system and new security screen doors added.. Master bath tile shower added. Relax or entertain in the back yard with built-in natural gas BBQ or move the celebration inside to the spacious family room and the many designer features that are too numerous to mention. ADT Security system and new security screen doors added. Master Bath tile shower added. Den can be used as a 3rd BR. Solera is the most popular 55+ golf resort in the East Valley with pickleball, tennis, ping pong, billiards, social clubs and constant activities put on by the clubs or HOA Social director on staff. Must see to appreciate this home and fantastic lakes subdivision not to mention the fitness center, weight room, heated pools and hot tub along with card rooms, library, ballroom and Concierge area. Come visit today and see for yourself!!
Source: ARMLS #6784850
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6784850
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: #6784850
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.