Properties / 3325 W Ocotillo Road
VA ASSUMABLERate: 2.87%

3325 W Ocotillo Road

$289,900
Golden Valley, AZ 86413
3 beds2 baths1,533 sqftSingle Family
The assumable advantage
2.87%
VA assumed rate
$18,100 interest already paid off
Estimated Loan Balance$100,408
Cash to close$190,895
Est. Monthly PITI$735
Initial Loan Amount$113,990
Time on site36 days
Remaining Term24 years, 2 months
Seller's equity (what you pay)
$189,492
Cash or secondary financing
Monthly savings
$1,230
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

About 10-min drive from Kingman will take you to a small community of So-Hi Estates that nestles in the mountain background overlooking the Golden Valley. Beautiful panoramic views off this property! 2 lots are included in this sale making it a total of 0.88 acres. Each lot is 95'x200'. The house is spacious and features a large living room. Master suite is spacious and has his and hers closets and a full bathroom. This home will make a comfortable country living with power and water service to the house and a paved street.

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 $189,492. 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 feet1,533
Property typeSingle Family
MLS #037169
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)
$480/mo
Source est. payment (PITI)
$735/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$189,492

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

$0$189,492
Additional funds needed$0

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