Properties / 9051 W RAVEN Drive
FHA ASSUMABLERate: 3.07%

9051 W RAVEN Drive

$259,999
Arizona City, AZ 85123
3 beds2 baths1,504 sqftSingle Family
The assumable advantage
3.07%
FHA assumed rate
$37,415 interest already paid off
Estimated Loan Balance$245,112
Cash to close$16,981
Est. Monthly PITI$1,581
Initial Loan Amount$270,019
Time on site50 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$14,887
Cash or secondary financing
Monthly savings
$372
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

Welcome to this well-maintained single-level home in Arizona City offering 3 bedrooms, 2 bathrooms, and NO HOA! The open-concept layout is complemented by vaulted ceilings, tile and carpet flooring, and comfortable living spaces with natural light throughout. The kitchen has been enhanced with updated cabinetry, granite countertops, generous counter space, and a high-top breakfast bar. Additional cabinetry and storage space adjacent to the dining area adds functionality. The primary suite includes an ensuite bathroom with dual vanities, a linen closet, and a spacious closet. Two additional bedrooms provide flexibility for guests, a home office, or a workout space. A dedicated laundry room adds convenience and extra storage. The exterior is designed with practicality in mind, offering RV gate, side yard parking, and additional slab parking for easy access - ideal for recreational vehicles, trailers, or extra vehicles. The backyard includes a full-length covered patio and low-maintenance landscaping. Conveniently located near everyday essentials, dining, Arizona City Golf Club, and Paradise Lake, with quick access to I-10 for an easy commute to Phoenix or Tucson.

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 $14,887. 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

Bedrooms3
Bathrooms2
Square feet1,504
Property typeSingle Family
MLS #7024450
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)
$1,161/mo
Source est. payment (PITI)
$1,581/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$14,887

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

$0$14,887
Additional funds needed$0

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