Properties / 3664 N MISTLETOE Drive
VA ASSUMABLERate: 6.78%

3664 N MISTLETOE Drive

$615,000
Pine, AZ 85544
3 beds2 baths1,655 sqftSingle Family
The assumable advantage
6.78%
VA assumed rate
$54,734 interest already paid off
Estimated Loan Balance$437,719
Cash to close$178,545
Est. Monthly PITI$3,303
Initial Loan Amount$444,487
Time on site50 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$177,281
Cash or secondary financing
Monthly savings
$724
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Turn-Key Mountain Retreat Among the Pines! Nestled on a beautifully treed .37-acre lot, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort and mountain living. The inviting living room features luxury vinyl flooring and a cozy wood-burning fireplace, creating a warm gathering space year-round. The well-equipped kitchen includes newer appliances, making meal prep and entertaining a breeze. Enjoy the outdoors from the spacious covered wrap-around deck, where you can relax and take in the peaceful surroundings, abundant wildlife, and fresh mountain air. The main level includes a bedroom and full bath, while two additional bedrooms and another bath are located upstairs. Thoughtfully maintained, the home features a newer roof (2021), energy-efficient mini-split systems throughout (2022), and a furnace for added comfort. Complete with a 2-car garage and sold fully furnished, this move-in-ready property is ideal as a full-time residence, vacation getaway, or investment opportunity.

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 $177,281. 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 feet1,655
Property typeSingle Family
MLS #7042357
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)
$2,903/mo
Source est. payment (PITI)
$3,303/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$177,281

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

$0$177,281
Additional funds needed$0

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