107 Pistol Creek Dr, Monument, CO 80132
3 beds · 3 baths · 2,575 sqft
This beautifully updated home in the highly desirable Jackson Creek neighborhood offers both charm and comfort, with stunning views of Pikes Peak and the Front Range from its inviting front porch. Upon entering, you'll be welcomed by a freshly painted interior that enhances the home’s bright and airy feel. The entire home has been outfitted with brand new carpet, creating a soft and cozy atmosphere. The eat-in kitchen boasts new flooring, making it both functional and stylish, perfect for family meals or casual entertaining. The open floor plan seamlessly connects the kitchen to the spacious great room, which features a striking brick fireplace — an ideal place to relax and unwind during cooler months. The master suite is a true retreat, complete with a walk-in closet and an adjoining master bath for added convenience and privacy. Upstairs, you'll find two generously sized bedrooms, each offering ample closet space, and a full bath that serves as both a guest bath and a convenient bathroom for the upstairs bedrooms. The layout is thoughtfully designed, providing both communal spaces for family time and private areas for rest and relaxation. The home also offers plenty of potential for growth with its unfinished basement, which is ready to be customized to suit your needs, whether that’s additional living space, a home gym, or a creative area. Outside, the fully fenced backyard provides a private space for outdoor activities, gardening, or simply enjoying the views of the surrounding mountains. The home is beautifully staged, allowing you to envision yourself settling in and enjoying all it has to offer. With its recent updates and ideal location, this home is truly move-in ready and prepared for its next owners to create lasting memories. Don’t miss the opportunity to make this gem your own!
Source: PPMLS #6758370
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: PPMLS #6758370
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.