9632 E Olla Ave, Mesa, AZ 85212
4 beds · 2 baths · 2,308 sqft sqft
Your Dream Home Awaits! Discover the ideal blend of modern upgrades and cozy living in this stunning property, featuring 4 spacious bedrooms and 2 beautifully appointed bathrooms. This is a must-see! Exterior & Pool. Enter your private oasis, highlighted by a meticulously maintained pool equipped with a new speed pump, floor pop-ups, and a new filter. The PebbleTech resurfacing and fiber optic lighting create a captivating ambiance for evening swims. Freshly painted in 2022, the exterior presents a modern and welcoming aesthetic. Interior Upgrades: Inside, enjoy new tile and carpet flooring throughout, complemented by fresh interior paint. The primary bathroom has been exquisitely remodeled, showcasing a luxurious new shower and cabinet. With newer AC units installed in 2020 With newer AC units installed in 2020 and a new thermostat, year-round comfort is guaranteed. Additional Features: A new roof was installed in 2021, providing durability and peace of mind. The garage comes equipped with a utility door and storage racks for added convenience. An RV gate, backyard shed, and parking slab offer ample space for storage and vehicles. Elegant French doors add a sophisticated touch and easy access to outdoor spaces. Location: This home is ideally located with no neighbors behind, surrounded by single-level homes for added privacy and tranquility. Conveniently situated near schools and major highways (LOOP 202 & US 60), your commute will be a breeze. Don't miss the chance to make this exquisite property your new home. Experience all the wonderful features this home has to offer!
Source: ARMLS #6730708
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6730708
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: #6730708
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.