HUGE DISCOUNT...Save Over $100K when you factor in savings compared to conventional loan. This Rare VA Assumable Loan! ✔️ 5.5% Interest Rate, 5.6% apr ✔️ Approximately $400 Lower Monthly Payment ✔️ Save About $10,000 in Closing Costs ✔️ Own the Home 3 Years Sooner (27 years left on the note)..All this plus upgraded ceramic tile flooring and a versatile layout with 4 bedrooms, a formal living room, formal dining area, and a comfortable family room--ideal for both everyday living and entertaining. The A/C unit was replaced in September 2020, offering added peace of mind. Conveniently located within walking distance to top-rated schools and just minutes from Downtown Queen Creek and Queen Creek Marketplace, you'll enjoy easy access t
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 $30,650. 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.