Properties / 18403 W PATRICK Lane
VA ASSUMABLERate: 7.1%

18403 W PATRICK Lane

$530,000
Surprise, AZ 85387
4 beds3 baths2,624 sqftSingle Family
The assumable advantage
7.1%
VA assumed rate
$74,510 interest already paid off
Estimated Loan Balance$461,415
Cash to close$68,585
Est. Monthly PITI$3,466
Initial Loan Amount$471,594
Time on site22 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$68,585
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

Better Than New in North Copper Canyon! Welcome to this stunning 2024-built home offering 2,624 square feet, 4 spacious bedrooms, 3 bathrooms, and a versatile upstairs loft designed for today's lifestyle. From the moment you step inside, you'll appreciate the bright, open floor plan and modern finishes that make this home truly move-in ready. The heart of the home is the gourmet kitchen, featuring abundant cabinetry, generous counter space, and an oversized island that opens seamlessly to the great room--perfect for entertaining family and friends. Upstairs, the expansive loft provides endless possibilities as a media room, home office, or play area. Retreat to the oversized primary suite, complete with a spacious ensuite bath and walk-in closet. Unlike many new construction homes, this property is already complete with professional landscaping, creating a beautiful, low-maintenance backyard ready for relaxing or entertaining. Enjoy evenings under the pergola or unwind in the hot tub, making this outdoor space an extension of your living area. Located in the highly desirable North Copper Canyon community, residents enjoy parks, walking trails, playgrounds, and convenient access to shopping, dining, schools, and commuter routes. Why wait months for new construction when you can move into a home that's better than new with all the finishing touches already completed?

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 $68,585. 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

Bedrooms4
Bathrooms3
Square feet2,624
Property typeSingle Family
MLS #7057336
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)
$3,172/mo
Source est. payment (PITI)
$3,466/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$68,585

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

$0$68,585
Additional funds needed$0

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