1073 Ute Trl, Como, CO 80432
3 beds · 2 baths · 2,488 sqft
Discover the perfect mountain retreat just an hour from both Breckenridge or Florissant, and only 20 minutes from the quaint town of Como. This beautiful 3-bedroom, 2-bathroom home offers breathtaking mountain views and a serene escape from the hustle and bustle of city life. The home features an open floor plan with high ceilings, creating a spacious and airy atmosphere ideal for both relaxing and entertaining. The well-appointed kitchen flows seamlessly into the living area, where a wood-burning stove adds warmth and ambiance during the cooler months. Radiant floors ensure comfort throughout, making this home a cozy haven in winter. The master suite is a true retreat, boasting a luxurious 5-piece bathroom, perfect for unwinding after a day of mountain adventures. A non-conforming third bedroom, located above the detached 2-car garage, provides additional space for guests which is an additional 616 of square footage; make it a home office, or a creative studio. With both an attached 2- car garage and detached 2-car garage, there’s ample room for vehicles, gear, and projects. Additional storage is available in the shed and greenhouse, offering space for gardening tools and outdoor equipment. Surrounded by nature, yet conveniently close to local amenities, this mountain home in Park County is a rare gem that combines modern comfort with the tranquility of the great outdoors. Don’t miss the opportunity to make this mountain paradise your own!
Source: PPMLS #1765578
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #1765578
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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 580, 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.
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 “Get Notified” 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 580, 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.
MLS ID: #1765578
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.