Properties / 19254 W PIERSON Street
FHA ASSUMABLERate: 6.48%

19254 W PIERSON Street

$349,000
Litchfield Park, AZ 85340
3 beds2 baths1,402 sqftSingle Family
The assumable advantage
6.48%
FHA assumed rate
$79,931 interest already paid off
Estimated Loan Balance$329,767
Cash to close$20,400
Est. Monthly PITI$2,762
Initial Loan Amount$343,650
Time on site50 days
Remaining Term26 years, 4 months
Seller's equity (what you pay)
$19,233
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

Beautiful single-story ranch-style home on an oversized 8,170-square-foot lot with stunning mountain views. Inside, enjoy 9-foot ceilings, 17-inch tile flooring, white shaker cabinets with stainless steel hardware, granite kitchen countertops, and Whirlpool stainless steel appliances, including a gas range. The spacious owner's suite features a generous walk-in closet. Added comforts include a whole-home water softener, reverse-osmosis drinking system, energy-efficient features, and a Wi-Fi programmable thermostat. The backyard backs to HOA-maintained green space and offers a covered patio, spacious yard, and convenient 8-foot double gate for added access and storage flexibility. Located minutes from Verrado, neighborhood parks, schools, shopping, dining, I-10, and Loop 303.

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 $19,233. 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

Bedrooms3
Bathrooms2
Square feet1,402
Property typeSingle Family
MLS #7047006
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)
$2,178/mo
Source est. payment (PITI)
$2,762/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$19,233

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

$0$19,233
Additional funds needed$0

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