Home in popular community of Cooper Commons that has just been painted and has brand new carpet. The house is located on a premium lot backing to the desert greenbelt. Spacious 3 bedroom/den floorplan with lots of living space and big kitchen with island that opens to the family room. Enjoy the big backyard or if you need more space the community park and Hull Elementary School are just a 5-minute walk from your front door.
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.
You need to cover the seller's equity of $314,025. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
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.