Properties / 35215 W MARIN Avenue
FHA ASSUMABLERate: 6.88%

35215 W MARIN Avenue

$379,000
Maricopa, AZ 85138
4 beds2 baths1,807 sqftSingle Family
The assumable advantage
6.88%
FHA assumed rate
$60,703 interest already paid off
Estimated Loan Balance$360,997
Cash to close$18,363
Est. Monthly PITI$2,905
Initial Loan Amount$369,669
Time on site36 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$18,003
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

The one with the corner lot, 3-car garage, and backyard already done just hit the market. This nearly new 4-bedroom, 2-bathroom Maricopa home is filled with the features buyers want. The bright, open kitchen showcases rich espresso cabinets, granite countertops, an oversized breakfast bar, pendant lighting, stainless steel appliances, and a gas range. Stylish tile flooring and ceiling fans in every room keep the home cool and comfortable. The split primary suite offers privacy with dual vanities, a walk-in shower, and a spacious closet. Three additional bedrooms give you room for family, guests, an office, or whatever fits your lifestyle. The 3-car garage features epoxy flooring with plenty of space for vehicles, toys, storage, or a home gym. Outside, the fully landscaped backyard is private and low maintenance, while the back patio also features epoxy flooring for a clean, polished finish. Cool off in the community pool and enjoy pickleball courts, playgrounds, and walking trails. Shopping, dining, golf, and entertainment are nearby, with Chandler only about 30 minutes away. This home qualifies for first-time homebuyer down payment assistance programs.

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 $18,003. 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
Bathrooms2
Square feet1,807
Property typeSingle Family
MLS #7063033
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$2,435/mo
Source est. payment (PITI)
$2,905/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$18,003

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

$0$18,003
Additional funds needed$0

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