VA assumable loan at 2.99% (need to check qualifications, terms, and conditions). Check out this turn key 2 bedroom 2 bath built in 2014 located in the 55+ community of Apache Wells with paid for solar! Located on a corner lot with a circular paver driveway. Kitchen comes w/granite counters, and stainless steel appliances. Tile floors in the high traffic areas and new carpet in bedrooms, vaulted ceilings, and plantation shutters throughout. Master bath with dual sinks, walk-in shower and walk-in closet. 2 car garage, covered patio, and pavers out back.
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.
You need to cover the seller's equity of $75,289. If you don't have that in cash, we can help structure secondary financing to cover the gap.
Yes — VA assumptions can be used for investment properties. You can rent this home out.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.