775 E Leslie Ave, San Tan Valley, AZ 85140
5 beds · 3 baths · sqft
Come see this Beautiful 5-bdr, 3-bth home with a loft/game room on a corner lot in a great area of San Tan Valley. The custom stained polished concrete floors are throughout the downstairs. Easy to clean and durable. One bedroom is downstairs with a full bath, great for guests or to use as an office. The upgraded kitchen has granite counter tops, custom cabinets, stainless steel appliances, a large island, and more. The pantry sits behind two barn doors. The Kitchen looks over into the great room so that you can be part of the entertainment. The oversized great room is perfect for friends and family gatherings. The living room can be used as a game room, extra living space, or an additional TV room and has custom shutters and trim work. Upstairs you will find 3 additional good sized bedrooms that share a nicely updated hall bathroom. The large primary bedroom has a sitting area and its own ensuite complete with a private water closet, walk in tile shower, dual sinks, and a walk-in closet. There is a bonus loft/game room perfect for kids and friends to play and have fun. Venture outdoors to enjoy the great Arizona weather in your private backyard with lots of space for kids to pay, dogs to run, and hot tub to relax and unwind after a long day. There is space for a pool if desired. This home is close to great schools, shopping, parks, and much more. There is a 2-car garage to store your vehicles and toys. This home is move in ready with a newer HVAC unit, all appliances, custom wainscoting and shiplap, updated kitchen and bathrooms, etc. Call today to schedule a showing.
Source: ARMLS #6773296
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6773296
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: #6773296
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.