Properties / 5707 S VENETO
VA ASSUMABLERate: 6.28%

5707 S VENETO

$539,500
Mesa, AZ 85212
4 beds3 baths1,956 sqftSingle Family
The assumable advantage
6.28%
VA assumed rate
$107,329 interest already paid off
Estimated Loan Balance$502,923
Cash to close$37,175
Est. Monthly PITI$3,565
Initial Loan Amount$523,008
Time on site22 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$36,577
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Premium Corner Lot in La Mira! Step inside this open, light-filled floor plan where the kitchen serves as the heart of the home. Featuring stainless steel appliances, gas range, spacious pantry, and seamless flow into the dining area and family room--ideal for everyday living and entertaining. The family room is bathed in natural light from a large sliding door that opens to the backyard and upgraded shutters throughout the home. The primary suite provides a relaxing retreat with an ensuite bath featuring a dual-sink vanity, walk-in shower, and spacious walk-in closet. Flex space in the front of the home is perfect for an office space, playroom or secondary living. 3 additional generously sized bedrooms complete the floorplan. Step outside to your private outdoor oasis: a covered patio and beautifully finished backyard complete with artificial turf, an extended paver patio, view fence and garden area--perfect for entertaining or relaxing on Arizona evenings. No neighbors behind! Residents enjoy community amenities such as a playground and community pool. And the location provides convenient access to the SR-24 freeway, shopping, dining, and highly regarded schools in the Queen Creek Unified District (Gateway Polytechnic Academy and Eastmark High School). This home combines comfort, style, and a fantastic indoor-outdoor lifestyle in a desirable single-level layout in one of East Mesa's sought-after newer neighborhoods near the Superstition Mountains.

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 $36,577. 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

Bedrooms4
Bathrooms3
Square feet1,956
Property typeSingle Family
MLS #7068777
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)
$3,238/mo
Source est. payment (PITI)
$3,565/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$36,577

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

$0$36,577
Additional funds needed$0

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