Properties / 2037 ROSELIE Way
VA ASSUMABLERate: 2.93%

2037 ROSELIE Way

$424,900
Sierra Vista, AZ 85635
3 beds2 baths2,422 sqftSingle Family
The assumable advantage
2.93%
VA assumed rate
$44,930 interest already paid off
Estimated Loan Balance$240,894
Cash to close$184,006
Est. Monthly PITI$1,451
Initial Loan Amount$277,000
Time on site11 days
Remaining Term24 years, 2 months
Seller's equity (what you pay)
$184,006
Cash or secondary financing
Monthly savings
$1,346
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

Very unique property offering lots of BONUS Rooms!!! Starts as a 3 Bedroom/2Bath/2CG w/additional rooms for office, 4th bedroom, if needed, or a great AZ Room, Garden Room, or Craft Room....your choice!!! Upon entering, the Living Area has imported hardwood floors and a wonderful corner, wood-burning fireplace; Then, the Kitchen is Huge and updated w/gorgeous Granite, SS Appliances w/spacious Eat-in Area & Bar for your Dining pleasure!!! Primary Suite has a French-Door Entry, dual Cedar-lined Closets, and a lovely, updated Bath with Custom, Walk-in Shower, and Dual-sink Vanity; 2 other Bedrooms and updated guest bath; Cedar-lined closets throughout...Yard is an open palette to custom design as desired w/plenty of room for a pool, outdoor kitchen, raised gardens, and even play area!!!

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $184,006. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

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 feet2,422
Property typeSingle Family
MLS #7072667
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$1,160/mo
Source est. payment (PITI)
$1,451/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$184,006

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

$0$184,006
Additional funds needed$0

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