6765 S Jacqueline Way, Gilbert, AZ 85298
3 beds · 3 baths · 3,372 sqft
Tucked inside the gated Siena enclave, this elegantly appointed Ashton Woods home offers resort-style living on Seville's scenic back 9. Step inside to a thoughtful floor plan featuring 3 bedrooms, 2 dens, and a versatile flex space with walk-in closet. A gallery-style hallway leads you to the heart of the home, while a private hallway leads to the two generously sized guest bedrooms, a full bathroom, and the flex space. The dining room and den sit just off the gallery—ideal for entertaining or working from home. French doors in the den open to a peaceful courtyard, while the dining room flows into a butler's pantry and around to the expansive chef's kitchen. Warm white cabinetry, premium KitchenAid appliances, a Monogram 48'' built-in refrigerator, and an 11-foot granite island create a true entertainer's space. The kitchen opens to an oversized great room with a gas fireplace, built-ins, and surround sound. The private primary suite features a spa-like bath with soaking tub, glass-enclosed shower, dual vanities, water closet, and a spacious walk-in closet. Additional highlights include 10-foot ceilings, 20-inch tile flooring throughout (carpet in bedrooms, dens, and flex space), a half bath, laundry room, water softener, reverse osmosis system, and central vacuum. The 3-car tandem garage features epoxy flooring, overhead storage, and exterior access. Enjoy Arizona living year-round in the backyard oasiscomplete with a sparkling saltwater pool, refinished cool decking, and a covered patio. Located just a short golf cart ride to Seville Golf & Country Club, with access to tennis, pickleball, fitness, dining, and golf (membership required). Walking distance to Riggs Elementary.
Source: ARMLS #6828769
Financials
Source: Public records
Source: ARMLS #6828769
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.