5900 S Painted Canyon Dr, Green Valley, AZ 85622
3 beds · 2 baths · sqft sqft
ASSUMABLE LOAN VA 2.875 You do not have to be a veteran, WithRoam.com streamlined assumption, 45 or less to Close, 10% Down, Blended rate below current market rate possible, no points, no gimmicks. For the exceptional retiree lifestyle you seek, welcome to Green Valley AZ at Canoa Ranch, a golf resort area. Experience this vibrant active adult community in the foothills of the Santa Rita mountains. Gaze upon a spectacular backdrop day and night as the sun rises and sets. Beautiful contemporary southwestern styling on large corner lot with landscaped curb appeal. Spacious open concept, yet privacy afforded by a split bedroom plan. Chef's Delight Kitchen, functional center island with double sinks, counter space, dishwasher/disposal and a hidden trash bin, everything is at hand Riser backsplash prevents water spots on counters and elevates the breakfast bar. Deluxe gas range, pantry closet, recessed overhead lighting, dropped oak cabinets with display niches above. Enjoy the eat-in kitchen area under the chandelier or extend your dining space just through the sliding glass doors onto the rear patio. Interior recessed wall space for your entertainment & media center. Clerestory windows illuminate the private owner's suite Complete with separate dual vanities, walk-in shower and closet. Hall bath just remodeled with a walk-in shower, bench seat and executive height counters. A GV Recreation membership property. Enjoy nearby Canoa Ranch or any GVR Center for pools and hot tubs, pickleball, tennis, weight rooms, exercise classes and more. Open to public is nearby Canoa Ranch Golf Resort, Bar & Grill. Ride the cart paths for open nature and wildlife views. An American Home Shield home warranty is offered. VA loan is assumable. Southwest Green Valley is where you want to live!
Source: SOUTHAR #22416293
Interest rate and monthly payment estimated based on public records.
Source: SOUTHAR #22416293
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: #22416293
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.