10983 Memphis St, Commerce City, CO 80022
6 beds · 5 baths · 3,455 sqft
Welcome home to this impressive home with it's open layout perfect for gatherings. Located in the highly sought after Reunion community. An impressive kitchen features an oversized granite island with ample counter and sitting space, stainless steel gas range and appliances. The relaxed dining effortlessly flows out to your extended covered patio, dine al fresco with company while overlooking your beautiful garden. Luxury engineered vinyl plank throughout the main floor. The primary suite boasts mountain views, en-suite bathroom, dual vanities, large walk-in closet, and coffered ceiling. An additional three bedrooms on the upper level feature a Jack and Jill bathroom, and private bathroom. The finished basement featuring two additional bedrooms/flex space, office and custom bathroom. Enjoy the luxury of your own home theater, featuring surround sound and convenient wet bar. Energy-efficient systems throughout the home ensuring comfort and cost-effectiveness. This home boasts green features such as a solar system, upgraded tankless water heater, HERS rating, double pane low E windows to name a few. Easy access to community amenities including the Reunion Coffee House, the "Red Barn" recreation center, community pool, trails, lakes and playgrounds. Highly rated Brighton 27J School District. This charming community strikes the perfect balance between suburban serenity and modern convenience. Buffalo Run Golf Course neighbors this fantastic community making it easy to get in a round of afternoon golf. A short drive to DIA, ease of access to major freeways. Experience the charm, quality, and natural beauty of this exceptional Reunion home. Call today for your private showing! Jennifer Conti 720-629-5022
Source: RECO #9143801
Interest rate and monthly payment estimated based on public records.
Source: RECO #9143801
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: #9143801
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