Properties / 265 E LIBERTY Lane
VA ASSUMABLERate: 3.62%

265 E LIBERTY Lane

$670,000
Gilbert, AZ 85296
3 beds2 baths2,156 sqftSingle Family
The assumable advantage
3.62%
VA assumed rate
$88,974 interest already paid off
Estimated Loan Balance$351,726
Cash to close$319,055
Est. Monthly PITI$2,191
Initial Loan Amount$404,040
Time on site35 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$318,274
Cash or secondary financing
Monthly savings
$2,101
Versus today's market rate
Est. savings per year
$25K
Versus today's market rate

About this home

Don't miss this opportunity to own 1 of the Nicest homes you're going to see in Gilbert! This executive home features 3 Great sized BR's + Home office with custom, double, barn doors. So many upgrades inside that you'll need to see the list in the documents tab. Plantation shutters thru-out! Flooring offers tile in walkways & wet areas & Luxury Vinyl Planks everywhere else. Kitchen offers Designer inspired, paint in a light Grey color, White Quartz Counters with Undermount SS Sink, Tall ceilings & plant shelves to display your treasures. The breakfast nook is approx. 12 X 10 & The Family Room is right in the kitchen area. There's also a LR/DR as you enter & could be a great Game room! All BR's are on the other ''Wing'' along with Guest bath & Laundry. Don't miss the Primary Bath with its custom Steam Shower & separate tub plus granite counters, Private water closet & big walk in closet. Stepping out into the backyard, you'll feel like you're at a resort, plenty of swaying palms, Gas line for the BBQ, grass area for kids & pups, Putting green & a HUGE side yard with double gates for all the Toys! Also a producing lemon & lime tree. The pebble tech pool offers a variable speed pump. You'll just have to see it all! Extra wide driveway in the front for extra parking & easy access to double gates too. Storage shed on side yard will convey.

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 $318,274. 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 feet2,156
Property typeSingle Family
MLS #7063468
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)
$1,850/mo
Source est. payment (PITI)
$2,191/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$318,274

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

$0$318,274
Additional funds needed$0

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