Properties / 20262 W ROMA Avenue
FHA ASSUMABLERate: 6.09%

20262 W ROMA Avenue

$625,000
Litchfield Park, AZ 85340
4 beds3 baths2,358 sqftSingle Family
The assumable advantage
6.09%
FHA assumed rate
$51,783 interest already paid off
Estimated Loan Balance$459,152
Cash to close$165,848
Est. Monthly PITI$3,266
Initial Loan Amount$468,782
Time on site8 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$165,848
Cash or secondary financing
Monthly savings
$845
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

This pristine 4-bed, 3-bath home with a loft is situated in Litchfield Park's premier Verrado East District. The open-concept interior features a gourmet kitchen with a massive quartz island and shaker cabinets. Enjoy a flexible layout with a convenient main-floor bedroom and full bath. Dramatic 12-foot multi-panel glass sliders lead out to your private backyard paradise, boasting a new fenced pool, hot tub, artificial turf, and custom shade structure. Located in the master-planned Verrado community, you'll enjoy unparalleled amenities, award-winning schools, championship golf, and miles of hiking trails. Don't miss this move-in ready masterpiece!

How assumption works for this home

Can I assume this FHA loan?

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.

How much cash do I actually need?

You need to cover the seller's equity of $165,848. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms4
Bathrooms3
Square feet2,358
Property typeSingle Family
MLS #7073492
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
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)
$2,841/mo
Source est. payment (PITI)
$3,266/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$165,848

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

$0$165,848
Additional funds needed$0

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