6636 E Via Arroyo Largo, Tucson, AZ 85756
3 beds · 2 baths · 1,813 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome home to your 2.75% VA-only assumable Richmond American 'Larimar' single-story retreat located in the award-winning Vail School District. This home offers plenty of flexible space with 1813 square feet over 3 bedrooms - plus an office - and 2 bathrooms. The heart of this home is the inviting great room, which opens up into a kitchen with a center island. Spend sunny days enjoying the adjacent covered patio--also a fantastic spot for after-dinner conversation. Natural light abounds with an enormous double (4-panel) sliding door leading to your full-length patio. The large backyard has a natural gas hookup for a BBQ, and is fully landscaped with easy-care, low-maintenance turf and pavers, making it the perfect place to entertain on an Arizona evening. Extended length garage for extra storage or longer trucks, with a built-in workbench and overhead storage racks ready for you. Direct door access to the backyard from garage via upgraded door. Owned water softener already professionally installed. This beautiful, thoughtfully upgraded home with luxury flooring, tap on/off sink faucet with single deep basin, and two-tone paint is move-in ready for your family. Located in the highly desirable La Estancia community where you will love the great selection of schools available within the sought-after Vail School District. La Estancia has direct access to 'The Loop', an interconnected system of more than 130 miles of paved pathways and bike lanes, as well as two heated community pools, pickleball courts, a basketball court, and more than 8 beautiful parks. La Estancia is within close proximity to many major employers, including Davis-Monthan AFB, Tucson International Airport, UA Tech Park, Raytheon, and Amazon. Come see your gorgeous new home today!
Source: SOUTHAR #22508545
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: SOUTHAR #22508545
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.