Assumable FHA Loan! Low Down Payment! Incredible opportunity to own a 2024 single-story home by assuming an FHA loan with an active 3-2-1 buydown! Beat today's high rates by stepping right into a subsidized 2.5% interest rate, shifting to 3.5%, and capping at a fixed base rate of just 4.5%. Your initial total monthly payment is a low ~$2,043. The current mortgage balance is roughly $384k, maximizing your immediate savings.This spacious, pristine floor plan features 4 bedrooms and 3 full bathrooms. Every detail feels like new, featuring contemporary finishes, an open-concept layout, and excellent energy efficiency. Located in a highly desirable Maricopa neighborhood, this home combines modern construction with an unbeatable, inflation-proof financing structure. Don't miss it!
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.
You need to cover the seller's equity of $16,630. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
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.