Properties / 3330 Motherlode Road
FHA ASSUMABLERate: 4.62%

3330 Motherlode Road

$429,000
Kingman, AZ 86401
3 beds2 baths1,490 sqftSingle Family
The assumable advantage
4.62%
FHA assumed rate
$7,882 interest already paid off
Estimated Loan Balance$409,439
Cash to close$20,629
Est. Monthly PITI$2,559
Initial Loan Amount$410,499
Time on site36 days
Remaining Term29 years, 7 months
Seller's equity (what you pay)
$19,561
Cash or secondary financing
Monthly savings
$412
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

BRING THE FAMILY AND FRIENDS AND COOL OFF THIS SUMMER WITH A REFRESHING BUILT-IN GUNITE POOL(solar cover) & HOT TUB! AND JUST INSTALLED TWO YEARS AGO! BRAND NEW SOLAR SYSTEM!!READY FOR SUMMER FUN!! THIS GORGEOUS 3 BEDROOM, 2 BATHROOM HOME HAS A LARGE 707 SF 3 CAR GARAGE(21'dX30'w +/- & 8'door)*DEEP CONCRETE DRIVEWAY THAT EXTENDS ALL THE WAY TO THE REAR YARD W/RV GATES & FULL 50 AMP RV HOOK-UP*THIS HOME IS PERFECTLY SITUATED ON A 72 X105 LOT WITH BEAUTIFUL VIEWS*You will LOVE the pristine neighborhood of Hualapai Shadows Subdivision*In your evening walk you will find gorgeous views of the Hualapai mountains and ALLURING Sunsets! Beautiful landscaping w/decorative rock,mature trees & foliage on a timed watering system*Quality construction*Tile roof*stone trim*This home is just like new but better*Built in 2016*This newer home has Central AC & Heat & Dual Pane windows*WATER SOFTENER*covered entry and is a great place to enjoy a hot cup of coffee in the morning*Interior offers an open floor plan*Plantation shutters*ceiling fans throughout*relaxing living room with decorative wood laminate flooring & ceiling fan/light*dining area off the kitchen w/sliding glass door to rear yard* gorgeous kitchen includes a breakfast bar/island, quality cabinets, lazy-Susan, slide out shelves, granite counter tops with tiled backsplash, 2 food pantries, appliances include Electric gas cook-top/oven, dishwasher & microwave(new)*Enjoy a nice quiet evening after a long day with the split bedroom privacy floor plan*King-size owners suite features BRAND NEW CARPET, a walk-in closet w/built-in shelves, dual sinks, vanity mirror/cabinet, granite countertop and walk in shower* one guest bedroom has new carpet and the other has tile flooring for (office use if needed)*full size guest bathroom(tub/shower combo)* indoor laundry room including shelving**3 car garage w/an evaporative cooling system, keyless entry, garage door openers and remotes* Rear yard has privacy block wall fencing, large storage shed(the big one stays. The smaller one is going with seller) , synthetic grass, decorative rock , pavers, garden bed* This yard is going to be great for entertaining with the out door wood burning fireplace* out-door built-in bar with pergola* built-in pool/hot tub with water feature and all the outdoor party lights can be controlled by your smart app*NO HOA*

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $19,561. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms2
Square feet1,490
Property typeSingle Family
MLS #040557
CountyMaricopa County
Assumable loanFHA
Tour this home
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$2,118/mo
Source est. payment (PITI)
$2,559/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$19,561

Asking price minus remaining loan balance. Closing costs are additional.

$0$19,561
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.