7024 S Sipapu Ct, Gold Canyon, AZ 85118
3 beds · 2 baths · 1,610 sqft
Incredible updated home on over ¼ acre with resort style yard backs up to open desert & has MTN views! Home remodeled in 2020! Kitchen includes quartz counters, refinished cabinets, backsplash, stainless steel appliances & breakfast bar! New interior/exterior paint, wood laminate flooring & all light fixtures/fans. Master bed/bath remodeled 2020 w/ walk in tiled shower, new plumbing fixtures, double doors open to outside paradise. Hall bath remodeled 2020! NEW AC 2022! Great room/Master bed fireplaces! Backyard oasis has solar heated pebbletec pool with waterfall, spa conveys, built in BBQ, outdoor fireplace, pergola, large patio. Gold Canyon has some of the most beautiful views in AZ. This large 12,300+ SF cul-de-sac lot backs up to open desert. No neighbors behind! This home is amazing! Other features or additional info; New sun screens, mature trees, heated pool, 32 inch TV on patio conveys as well, walking bridge in front yard, large walkin master closet, both bathrooms have water saving toilets, new wine fridge, skylights, newer Samsung front loading washer and dryer convey, pool shower, enclosed pool & pump! Roof was just recoated and serviced in 2024! GARAGE can fit a full size crew cab truck. Garage also has new hot water heater, garage sink, epoxy floors, service door, storage racks/cabinets
Source: ARMLS #6750611
Source: ARMLS #6750611
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: #6750611
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.