TWO-STORY HOME WITH A PRIVATE SIDE YARD IN RAY RANCH! The main level features an open living & dining area, low-maintenance concrete flooring & a sliding glass door that extends the living space to the private yard. The adjoining kitchen offers abundant cabinetry, a center island & pantry, while an easily accessible laundry room & half bath complete the first floor. Upstairs, a loft provides flexible space for a media area, home office or hobbies. The primary bedroom includes a walk-in closet & attached ensuite with dual vanities, a separate soaking tub & walk-in shower. Two additional bedrooms share a full bath with a tub/shower combination. Outside, enjoy a private side yard with a patio & synthetic grass. A 2-car garage with direct home access completes the home. Ray Ranch offers a community pool, park, green space & playground, with easy access to Loop 202, Phoenix-Mesa Gateway Airport, ASU Polytechnic Campus, shopping, dining & recreation!
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 $6,528. 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.