Properties / 9354 S DEER RIDGE Trail
FHA ASSUMABLERate: 3.31%

9354 S DEER RIDGE Trail

$489,000
Hereford, AZ 85615
3 beds2 baths2,156 sqftSingle Family
The assumable advantage
3.31%
FHA assumed rate
$55,038 interest already paid off
Estimated Loan Balance$249,822
Cash to close$241,982
Est. Monthly PITI$1,909
Initial Loan Amount$284,370
Time on site50 days
Remaining Term23 years, 10 months
Seller's equity (what you pay)
$239,178
Cash or secondary financing
Monthly savings
$1,620
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

SELLER OFFERING 10K TO BUYER FOR RATE REDUCTION OR BUYER CLOSING COSTS!!! WOW!!! Check out this Custom Home Set on 7.40 acres with a PRIVATE WELL, paved road, stunning mountain views and ideal east/west exposure, this well-maintained home offers new exterior paint, newer appliances including the HVAC system, 3 bed, 2 bath plus a den or make it another bedroom home offers space, comfort, and privacy. Featuring 2,156 sq ft of living space, the split floor plan includes a spacious great room, cozy fireplace, and a dedicated study/den; perfect for working from home. The kitchen is equipped with a breakfast bar, island, pantry, and included appliances. The primary suite offers dual sinks and a functional layout. The primary suite offers dual sinks and a functional layout. Landscaped front and rear yards feature a blend of natural desert, grass, and a low maintenance design on rolling hills! The HOA offers a fully gated community, paved roads and beautiful homes with rolling hills for less that $100.00 per month!!!The backyard is set up for entertaining facing the Huachuca Mountains and a fenced area for your horses - approx an acre or expand it and make it your own!! Plenty of room to add any out building too!

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 $239,178. 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 feet2,156
Property typeSingle Family
MLS #7013061
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,264/mo
Source est. payment (PITI)
$1,909/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$239,178

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

$0$239,178
Additional funds needed$0

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