8960 W Nicolet Ave, Glendale, AZ 85305
2 beds · 3 baths · 1,541 sqft sqft
Welcome to Your Dream Starter Home in Glendale, AZ! Assumable VA Loan with a 4.99% Interest Rate! This beautifully upgraded 1,542 sq. ft. single-story home, located in a desirable gated community, offers 2 spacious owner suites and 2.5 bathrooms. Situated in a prime Glendale location, you're just minutes from Westgate shopping, restaurants, Cardinals Stadium, and with easy access to the 101 & I-10 freeways. Step inside and experience all the right upgrades, including gorgeous dark cabinetry, a newly installed dishwasher (2022), HVAC system (2022), water heater (2023), water softener, reverse osmosis system, pendant lighting, and a wet bar with a beverage fridge. The retractable multi-pane slider seamlessly opens to a beautifully upgraded outdoor living space featuring a pergola-covered patio, a small garden, and pavered walkwaysperfect for indoor-outdoor entertaining. Additional highlights include an upgraded laundry room with a sink, an oversized 2-car garage, and built-in wall pest control. The low-maintenance lifestyle is further enhanced by the HOA-maintained front landscaping and access to the community pool. To top it all off, this home includes a fully owned solar system installed in 2017, keeping energy bills low all year long. This home truly has it all - a perfect retreat for the modern buyer. Don't miss the chance to make it yours!
Source: ARMLS #6752962
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6752962
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: #6752962
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.