Properties / 36148 W SEVILLE Drive
VA ASSUMABLERate: 2.84%

36148 W SEVILLE Drive

$349,999
Maricopa, AZ 85138
4 beds3 baths1,950 sqftSingle Family
The assumable advantage
2.84%
VA assumed rate
$46,000 interest already paid off
Estimated Loan Balance$312,049
Cash to close$39,350
Est. Monthly PITI$1,839
Initial Loan Amount$348,060
Time on site50 days
Remaining Term25 years, 2 months
Seller's equity (what you pay)
$37,950
Cash or secondary financing
Monthly savings
$617
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Experience Refined Living in this beautifully Upgraded 2021 home on an Oversized Lot in the sought-after Tortosa community. This move-in-ready home features 4 Spacious Bedrooms, 3 Full Baths, Elegant 20-inch Tile Flooring, Rich Maple Cabinetry, a stunning Slab Granite Island, Two Pantries, and an Expansive Great Room designed for everyday living and effortless entertaining. Step outside to your Private Backyard retreat with a Covered Patio, outdoor BBQ Kitchen, and Custom Pergola, perfect for morning coffee or relaxing Arizona evenings. Complete with Smart Home technology, a WiFi-enabled Front Door Lock, and Professionally Landscaped front and back yards....this exceptional home offers the perfect blend of style, comfort, convenience, and outstanding value. Welcome home!

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 $37,950. 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

Bedrooms4
Bathrooms3
Square feet1,950
Property typeSingle Family
MLS #7052846
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)
$1,447/mo
Source est. payment (PITI)
$1,839/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$37,950

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

$0$37,950
Additional funds needed$0

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