Properties / 3105 E ROLAND Street
FHA ASSUMABLERate: 6.34%

3105 E ROLAND Street

$650,000
Mesa, AZ 85213
4 beds3 baths2,775 sqftSingle Family
The assumable advantage
6.34%
FHA assumed rate
$98,792 interest already paid off
Estimated Loan Balance$472,324
Cash to close$179,862
Est. Monthly PITI$3,669
Initial Loan Amount$488,706
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$177,676
Cash or secondary financing
Monthly savings
$778
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Nestled within the gated community of Lehi Crossing, this beautifully appointed 4-bed, 3-bath home offers the perfect blend of space, style, & convenience. A grand entry welcomes you w/ elegant formal living & dining rooms, highlighted by a stunning staircase leading to the spacious second-floor loft--ideal for a media room, play space, or home office. The upgraded kitchen is designed for both everyday living & entertaining, featuring new Bosch & KitchenAid SS appliances, a large center island, granite countertops, walk-in pantry, abundant cabinetry, & generous counter space. Expansive glass sliders create seamless indoor-outdoor living, opening to the covered patio w/ a high pressure misting system to keep you cool while enjoying the thoughtfully designed low-maintenance backyard... complete w/ artificial turf, a fire pit, gazebo, & mature landscaping for added privacy. PLUS, surround sound speakers throughout the interior & exterior--including the patio, backyard & garage & motorized blinds off the Great Room & Kitchen! Need extra room for vehicles, bikes, tools, or storage? The oversized 3-car tandem garage offers endless flexibility. Residents of Lehi Crossing enjoy gated access, walking and biking paths, playgrounds, & a convenient location near the Red Mountain Freeway, scenic walking trails, restaurants, shopping, & more. This is the lifestyle you've been waiting for!

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 $177,676. 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
Bathrooms3
Square feet2,775
Property typeSingle Family
MLS #7028287
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)
$3,055/mo
Source est. payment (PITI)
$3,669/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$177,676

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

$0$177,676
Additional funds needed$0

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