Properties / 37796 N YEARLING Lane
FHA ASSUMABLERate: 6.9%

37796 N YEARLING Lane

$495,999
San Tan Valley, AZ 85140
4 beds3 baths2,264 sqftSingle Family
The assumable advantage
6.9%
FHA assumed rate
$83,412 interest already paid off
Estimated Loan Balance$463,614
Cash to close$34,231
Est. Monthly PITI$3,655
Initial Loan Amount$474,241
Time on site50 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$32,385
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This 2024 Lennar-built single-story home offers 4 bedrooms, 3 bathrooms, thoughtfully designed floorplan includes a private primary retreat, flexible guest suite setup, and a den ideal for a home office or game room. The bright open-concept living area showcases abundant natural light, tile flooring, contemporary finishes, and a neutral palette. The gourmet kitchen features modern shaker cabinetry, quartz countertops, stainless steel appliances and a large island. Located in sought-after Wales Ranch, enjoy resort-style community amenities and convenient access to Queen Creek Marketplace, San Tan Regional Park, Schnepf Farms, and Queen Creek Olive Mill. Move-in ready with the open-sky Arizona lifestyle buyers are looking for.

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 $32,385. 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

Bedrooms4
Bathrooms3
Square feet2,264
Property typeSingle Family
MLS #7020479
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)
$3,139/mo
Source est. payment (PITI)
$3,655/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$32,385

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

$0$32,385
Additional funds needed$0

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