Properties / 38619 N REYNOSA Drive
VA ASSUMABLERate: 6.54%

38619 N REYNOSA Drive

$384,900
San Tan Valley, AZ 85140
3 beds2 baths1,562 sqftSingle Family
The assumable advantage
6.54%
VA assumed rate
$77,571 interest already paid off
Estimated Loan Balance$349,337
Cash to close$36,361
Est. Monthly PITI$2,571
Initial Loan Amount$362,632
Time on site50 days
Remaining Term26 years, 8 months
Seller's equity (what you pay)
$35,563
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

Welcome home to this beautifully maintained, move-in ready gem! Featuring brand-new carpet throughout, this charming home has been lovingly cared for and is ready for its next owner. The thoughtfully designed kitchen offers abundant cabinetry, a spacious center island perfect for meal preparation or entertaining, and an open layout that flows seamlessly into the main living areas. Updated lighting, ceiling fans, and stylish fixtures add warmth and character throughout the home. Retreat to the spacious primary suite, complete with a spa-inspired ensuite bathroom featuring dual vanities, a relaxing soaking tub, and a separate walk-in shower. Step outside to the covered back patio, an ideal space for morning coffee, weekend barbecues or simply unwinding after a long day. With its exceptional care, desirable layout and true move-in-ready condition, this home is an incredible opportunity you won't want to miss.

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 $35,563. 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

Bedrooms3
Bathrooms2
Square feet1,562
Property typeSingle Family
MLS #7055319
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)
$2,310/mo
Source est. payment (PITI)
$2,571/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$35,563

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

$0$35,563
Additional funds needed$0

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