Assumable FHA Loan at 3.0%! 2022-built Richmond American home, with 2 MASTER SUITES, making it the perfect layout for guests or next-gen living. Luxurious kitchen with white shaker cabinets, quartz counters, stainless appliances, and large walk-in pantry. Wood-look flooring in all the high-traffic areas, and the washer/dryer set convey. Low maintenance landscape in front, and a large artificial grass area in the back, plus no rear neighbors for added privacy. Prime Casa Grande location near schools, shopping, and I-10. Don't miss this opportunity!
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.
You need to cover the seller's equity of $36,309. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.