VA LOAN ASSUMABLE AT 4.125% -- VETERAN BUYERS, THIS RATE TRANSFERS WITH THE HOME. Estimated P&I payment on the assumed loan: approximately $2,762.50/month -- compared to approximately $3,119.28/month at today's 5.875% market rate. That's roughly $356/month back in your budget, every month, for the life of the loan. Veteran buyers with VA entitlement may substitute entitlement for the cleanest assumption path. Connect with listing agent for full assumption details and qualifying process. Move-in ready and better than new -- this 2021 single-level home in Harvest Queen Creek delivers 4 bedrooms, 3 full baths, a private den, and a 3-car tandem garage on one level. The backyard is already finished -- $35,000 in grass, turf, pavers, and covered patio in place. No construction wait. No dirt. No add-on costs. Gourmet kitchen with quartz countertops, gas cooktop, built-in oven, white shaker cabinetry, walk-in pantry, and oversized island. Soaring ceilings, wood-look tile, barn door den with patio access, split floor plan. Harvest amenities: resort pool, lap pool, splash pad, community lake, parks, and walking/biking paths. Minutes to Queen Creek Olive Mill, Schnepf Farms, Pecan Lake, dining, and top schools. Queen Creek: America's #3 Boomtown -- GOBankingRates. This rate disappears when the home sells.
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.
You need to cover the seller's equity of $60,557. If you don't have that in cash, we can help structure secondary financing to cover the gap.
Yes — VA assumptions can be used for investment properties. You can rent this home out.
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.