Properties / 2874 N BLOSSOM Lane
FHA ASSUMABLERate: 6.81%

2874 N BLOSSOM Lane

$335,000
Casa Grande, AZ 85122
4 beds2 baths1,721 sqftSingle Family
The assumable advantage
6.81%
FHA assumed rate
$65,908 interest already paid off
Estimated Loan Balance$308,632
Cash to close$26,368
Est. Monthly PITI$2,549
Initial Loan Amount$319,113
Time on site8 days
Remaining Term27 years
Seller's equity (what you pay)
$26,368
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

Newer Villago Community Home Built in 2023! This well-maintained home features a great room floor plan with a spacious kitchen, large island, walk-in pantry, and custom white cabinetry. Wood-look tile runs throughout the main living areas, with plush carpet in the bedrooms. Additional features include ceiling fans, faux wood blinds, and a new Samsung washer and dryer. The primary suite offers dual sinks and a walk-in shower. Enjoy the oversized backyard with easy-care rock landscaping. A great home with modern finishes and plenty of space!

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 $26,368. 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 feet1,721
Property typeSingle Family
MLS #7074926
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)
$2,085/mo
Source est. payment (PITI)
$2,549/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$26,368

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

$0$26,368
Additional funds needed$0

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