Properties / 37002 W MADDALONI Avenue
VA ASSUMABLERate: 6.38%

37002 W MADDALONI Avenue

$336,000
Maricopa, AZ 85138
3 beds2 baths1,555 sqftSingle Family
The assumable advantage
6.38%
VA assumed rate
$6,955 interest already paid off
Estimated Loan Balance$327,197
Cash to close$9,108
Est. Monthly PITI$2,350
Initial Loan Amount$327,500
Time on site24 days
Remaining Term29 years, 9 months
Seller's equity (what you pay)
$8,803
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

Welcome to Sorreno! This former RANCH MODEL HOME includes 3 BEDS, 2 FULL BATHS, & 1,555 SQ. FT. w/ extensive custom upgrades t/out! The exterior CUSTOM STONE ENTRY leads you to a SPLIT FLOOR PLAN, 9' CEILINGS, SMART HOME TECHNOLOGY, & HAND PAINTED ACCENT WALLS t/out. Gourmet kitchen features TWO-TONE CABINETS, QUARTZ COUNTERTOPS, SS APPLIANCES, & LARGE ISLAND w/ SINK. Living room w/ TILED ELECTRIC FIREPLACE & BUILT-IN MODERN CABINETRY. Dining room with CUSTOM BUILT-IN CLOCK that will catch anyone's eye. Primary suite w/ WALK-IN CLOSET, DUAL VANITY, & CUSTOM TILED WALK-IN SHOWER. Additional features w/ SOLAR TUBE LIGHTING, DECORATIVE LIGHTING, ALL-IN-ONE WASHER/DRYER, EV CHARGING DOCK, GARAGE BUILT-IN SHELVING, & NORTH/SOUTH EXPOSURE. Low-maintenance backyard w/ TILED FOUNTAIN, & AZ ROOM.

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 $8,803. 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 feet1,555
Property typeSingle Family
MLS #7067965
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$2,048/mo
Source est. payment (PITI)
$2,350/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$8,803

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

$0$8,803
Additional funds needed$0

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