4540 N 44TH ST # 3, Phoenix, AZ 85018
Welcome to your dream home! Nestled in a serene, well-maintained community, this one-of-a-kind 1-bedroom, 1-bathroom patio home effortlessly blends comfort with style. Perfect for those who appreciate artful design and thoughtful details, this home is an oasis of tranquility and creativity. As you step inside, you're greeted by an open-concept living space that boasts high ceilings and an abundance of natural light. The artistic finishes throughout, from the custom woodwork to the hand-painted accents, give this home a unique charm that's both inviting and inspiring. The main floor features a cozy bedroom with ample closet space and an adjacent full bathroom, complete with modern fixtures, tasteful tilework, garden views, jacuzzi tub, and beautiful walk-in glass shower. The Welcome to your dream home! Nestled in a serene, well-maintained community, this one-of-a-kind 1-bedroom, 1-bathroom patio home effortlessly blends comfort with style. Perfect for those who appreciate artful design and thoughtful details, this home is an oasis of tranquility and creativity. As you step inside, you're greeted by an open-concept living space that boasts high ceilings and an abundance of natural light. The artistic finishes throughout, from the custom woodwork to the hand-painted accents, give this home a unique charm that's both inviting and inspiring. The main floor features a cozy bedroom with ample closet space and an adjacent full bathroom, complete with modern fixtures, tasteful tilework, garden views, jacuzzi tub, and beautiful walk-in glass shower. The kitchen is a chef's delight, equipped with matching Bosch appliances, aesthetic chiseled edge stone countertops, and custom hand finished cabinets. The living area flows seamlessly into the dining space, creating a perfect setting for both relaxation and entertaining. One of the highlights of this home is the versatile attic loft, which can be used as a reading sanctuary, guest space, or additional storage. The loft adds a creative touch to the home, making it ideal for those who need a little extra room to work with. Step outside to your private flag stone patio, where you can enjoy your morning coffee or unwind after a long day. The outdoor space is perfect for creative inspiration, dining al fresco, or simply soaking up the sun. Offered fully furnished, this home is ready for you to move in and start living your best life. Every piece of furniture has been carefully selected to complement the home's artistic ambiance, ensuring that you'll feel right at home from the moment you walk in the door. Don't miss the opportunity to make this unique patio home your own!
You may be able to put down less than the total down payment amount of $234,215 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #6742920
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.