Properties / 17034 W Seldon Lane
FHA ASSUMABLERate: 3.99%

17034 W Seldon Lane

$526,000
Waddell, AZ 85355
4 beds3 baths3,017 sqftSingle Family
The assumable advantage
3.99%
FHA assumed rate
$44,065 interest already paid off
Estimated Loan Balance$496,394
Cash to close$29,606
Est. Monthly PITI$3,057
Initial Loan Amount$561,751
Time on site50 days
Remaining Term28 years, 1 month
Seller's equity (what you pay)
$29,606
Cash or secondary financing
Monthly savings
$651
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

FHA 3.99 ASSUMABLE LOAN!! Welcome to Northern Farms — where luxury, comfort, and contemporary design meet!
This stunning 4 Bedroom + Den, 3 Bathroom, 3,017 sq ft residence is only one year old and shines like new! Step inside to a bright, open floor plan that effortlessly blends modern style with sophisticated finishes throughout. Beautiful stair railings elevate the entry and create a spacious, airy feel. The chef-inspired kitchen is a true showstopper—featuring quartz countertops, stainless-steel appliances, and a layout designed for both everyday living and entertaining. Your backyard oasis awaits! The lush artificial turf, and no neighbors behind means unmatched privacy and the ideal setting for gatherings under the Arizona sky. Upstairs, a massive loft offers endless possibilitiesgame room, theater, playroom, or the ultimate lounge. Situated just moments from the Loop 303 and Northern Ave, this location combines convenience with exceptional community living.

How assumption works for this home

Can I assume this FHA loan?

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.

How much cash do I actually need?

You need to cover the seller's equity of $29,606. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

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 feet3,017
Property typeSingle Family
MLS #6953239
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
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)
$2,451/mo
Source est. payment (PITI)
$3,057/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$29,606

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

$0$29,606
Additional funds needed$0

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