5245 N Ventana Vista Rd, Tucson, AZ 85750
4 beds · 2 baths · 2,591 sqft
Welcome to desirable Villages of La Canada community where this 4 bedroom, 2bathroom home is nestled between the Catalina Foothills and Sabino Canyon. This home is the PERFECT home for comfortable living & entertaining. Split bedroom plan offers privacy for the master suite. Grand in size, master bedroom features bay window seating area with private access to the pool and spa, a master bathroom with a garden tub, separate shower, his & hers sinks plus a vanity area, and huge walk-in closet. Both bathrooms have been tastefully upgraded. The house offers two common areas with ample space to relax. Kitchen features new appliances (electric cook-top, but has gas line hookup gas range), extra counter and prep space, extra storage space, extra long cabinets, bar area, and desk/work space. The large center island kitchen is perfect for cooking and entertaining. Brand new carpet in all bedrooms and fresh interior paint throughout. Huge laundry room with extra cabinets and shelves. Back yard can be accessed also by master bedroom. The pool, elevated spa, and large covered patio area are perfect for endless days of relaxation. Mountain views. Garage has fresh new paint. Close to Sabino Canyon, hiking trails, shopping, restaurants and coveted Catalina Foothills School District. VA assumable loan at 3.375%! this home won't last!
Source: SOUTHAR #22425853
Interest rate and monthly payment estimated based on public records.
Source: SOUTHAR #22425853
Source: Public records
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%. 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.
Other resourcesWhat 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.