9455 W Lone Cougar Way, Marana, AZ 85653
3 beds · 2 baths · sqft
Beautiful, bright, and welcoming 2020 DR Horton Sonoran plan, 2068 sf, 3-car Garage home in Saguaro Bloom Acacia, which borders the western foothills of the Tucson Mountains. This home has a large great room, and a separate bonus area that could be used as formal dining, or den, or office, or play area. The Large primary bedroom on-suite has a super shower and walk in closet. Enjoy cooking in the kitchen, complete with a center island, granite counter tops and walk-in pantry. The 3-car garage includes a mini-split for heating and cooling and two (2) battery back-up for the owned Solar, which is added value! Relax in the tranquil backyard on the patio to enjoy the elements of the evening. Saguaro Bloom offers much more than a beautiful place to call home. . It offers an active lifestyle and family friendly features to include trails, elementary school, and regional park. An amenity center is the focal point which offers a lap pool, swimming pool, and splash pad. A workout room for fitness and meeting rooms to socialize and nearby is the dog park for our four-legged friends. Also, there are 42 acres of walking trails and sidewalks! This new Marana community is close to shopping and dining. Direct access Raytheon, Tucson International Airport, Davis Monthan Airforce Base, UA Tech Center, Amazon, Pheonix and other Businesses by virtue of I-10. This home is move-in-ready.
Source: SOUTHAR #22428828
Interest rate and monthly payment estimated based on public records.
Source: SOUTHAR #22428828
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: #22428828
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.