ASSUMABLE FHA loan with a rate over 1 point below current FHA rates. Comparing new construction in North Surprise? Get the newer-home feel without starting from scratch. This bright, move-in ready 3-bedroom, 2-bath home in Desert Oasis already has features many new-build buyers still have to add: a finished backyard, established landscaping, and usable outdoor space from day one. It also sits on a larger lot than many nearby new builds, with no construction nearby. Inside, the open great room flows into a spacious kitchen with a large center island and plenty of room for everyday living and entertaining. The primary suite includes a walk-in closet, while two additional bedrooms offer flexible space for a nursery, guests, a home office, or hobbies. Out back, the work is already done. grassy area, rock accents, and thoughtfully placed plants and shrubs create a comfortable space to relax, play, or entertain without another project waiting after move-in. Desert Oasis residents enjoy a community pool and splash pad, with Asante Park & Library plus grocery shopping, dining, and coffee at 163rd Ave & Pat Tillman Blvd just minutes away. For buyers comparing new construction in North Surprise, this home offers a strong alternative: a newer home, finished outdoor space, established surroundings, a larger lot, and an assumable FHA loan with a meaningful rate advantage. FHA assumption is available through the lender-approved assumption process; subject-to offers will not be considered. Listing agents are related to seller.
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 $6,343. 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.