Properties / 4422 LA CORTE Drive
VA ASSUMABLERate: 6.36%

4422 LA CORTE Drive

$225,000
Sierra Vista, AZ 85635
2 beds2 baths1,315 sqftSingle Family
The assumable advantage
6.36%
VA assumed rate
$46,854 interest already paid off
Estimated Loan Balance$201,574
Cash to close$23,907
Est. Monthly PITI$1,549
Initial Loan Amount$210,000
Time on site50 days
Remaining Term26 years, 6 months
Seller's equity (what you pay)
$23,426
Cash or secondary financing
Monthly savings
$14
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome home to your VA assumable low maintenance, lock and leave patio home with mountain views. Nestled on a private paved road with easy access to Ft Huachuca, shopping, and dining, the location is ideal for easy living. Highlights include an oversized two car garage with storage, a large primary suite with direct patio access, dedicated laundry room with appliances installed, two covered back patios with low-care landscaping, vaulted ceilings with skylights for a bright open feeling, a bonus office (add doors to make it a third bedroom.) Both the water heater and HVAC have recently been replaced, with new flooring in two rooms and new paint in some rooms as well. Move-in ready with opportunity to increase value with cosmetic and kitchen updates. Come see your new home today!

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 $23,426. 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

Bedrooms2
Bathrooms2
Square feet1,315
Property typeSingle Family
MLS #7053784
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)
$1,313/mo
Source est. payment (PITI)
$1,549/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$23,426

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

$0$23,426
Additional funds needed$0

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