Properties / 9006 S 340TH Drive
FHA ASSUMABLERate: 4.98%

9006 S 340TH Drive

$323,000
Arlington, AZ 85322
4 beds2 baths2,052 sqftSingle Family
The assumable advantage
4.98%
FHA assumed rate
$68,375 interest already paid off
Estimated Loan Balance$315,410
Cash to close$10,986
Est. Monthly PITI$2,193
Initial Loan Amount$333,841
Time on site50 days
Remaining Term25 years, 10 months
Seller's equity (what you pay)
$7,590
Cash or secondary financing
Monthly savings
$95
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Manufactured home on a spacious 1.14-acre lot with panoramic desert and mountain views! This beautifully designed 4-bedroom, 2-bath offers 2,016 sq ft of comfortable living space with an open floor plan and thoughtful layout. Upgraded vinyl wood plank flooring. The large kitchen provides plenty of space for cooking and gathering, while the primary suite features a separate garden tub and walk-in shower for added comfort. Enjoy breathtaking Arizona sunsets, wide-open space, and the freedom of no HOA. Conveniently located near Arlington Elementary School—ideal for families—and offering easy access Highways.

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 $7,590. 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 feet2,052
Property typeSingle Family
MLS #6978341
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)
$1,810/mo
Source est. payment (PITI)
$2,193/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$7,590

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

$0$7,590
Additional funds needed$0

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