Properties / 2724 N MULBERRY Place
VA ASSUMABLERate: 6.5%

2724 N MULBERRY Place

$400,000
Casa Grande, AZ 85122
3 beds2 baths2,150 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$45,958 interest already paid off
Estimated Loan Balance$365,648
Cash to close$34,727
Est. Monthly PITI$2,706
Initial Loan Amount$372,746
Time on site45 days
Remaining Term28 years, 2 months
Seller's equity (what you pay)
$34,352
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

Enjoy the benefits of a nearly new home without the wait--or the backyard expense! Built just 3 years ago, this spacious 3-bedroom home plus flex room offers 2 baths and a sprawling ranch-style layout designed for comfortable living. Updated window treatments throughout the home and tile flooring throughout all main areas are just some of the bonuses this house has to offer. The backyard is already finished with turf, an extended patio, and a firepit, creating the perfect space for entertaining or relaxing. With only one neighbor and a prime location backing to walking paths and green space, this home offers added privacy and an ideal setting. Located close to Highway 10 for easy access to Phoenix or Tucson.

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 $34,352. 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 feet2,150
Property typeSingle Family
MLS #7059331
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$2,361/mo
Source est. payment (PITI)
$2,706/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$34,352

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

$0$34,352
Additional funds needed$0

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