Properties / 2930 S SUN CREST Drive
VA ASSUMABLERate: 6.95%

2930 S SUN CREST Drive

$369,900
Sierra Vista, AZ 85650
4 beds2 baths2,253 sqftSingle Family
The assumable advantage
6.95%
VA assumed rate
$192,883 interest already paid off
Estimated Loan Balance$49,284
Cash to close$322,656
Est. Monthly PITI$1,289
Initial Loan Amount$145,230
Time on site50 days
Remaining Term4 years, 9 months
Seller's equity (what you pay)
$320,616
Cash or secondary financing
Monthly savings
$1,163
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Well maintained 4 bedroom, 2 bath home with NEW ROOF & MOVE-IN READY!!! Nestled in the desirable subdivision of Mountain Ridge, this property is conveniently located close to schools, hiking, shopping, and easy access to Buffalo Soldier Trail. Fourth bedroom can easily be used as an office, playroom, or den. Granite counter tops throughout, two walk-in pantries, plus an island and extra pantry with pull out drawers. Last but not least, an open great room with a centered fireplace gives this home a warm invite for family and friends. Schedule your showing today!

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 $320,616. 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

Bedrooms4
Bathrooms2
Square feet2,253
Property typeSingle Family
MLS #7038737
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)
$1,018/mo
Source est. payment (PITI)
$1,289/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$320,616

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

$0$320,616
Additional funds needed$0

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