11401 Switzer Park Pl, Parker, CO 80138
4 beds · 3 baths · 3,525 sqft
Imagine coming home to this beautiful four-bedroom, three-bathroom home nestled in the desirable and quiet Willow Park Subdivision. As you enter, you're greeted by spacious living areas that seamlessly blend modern design with cozy charm. The kitchen boasts sleek countertops and a kitchen island, perfect for culinary adventures and entertaining guests. BRAND NEW HVAC July 2023. Work comfortably from home in a spacious office with custom built-in cabinets. Each bedroom offers ample space and natural light, providing a peaceful retreat after a long day. With three well-appointed bathrooms, mornings are a breeze, ensuring everyone has their own space. Entertainers dream inside and out with a fully finished basement and newly added basement kitchenette. Outside, enjoy the large Trex deck with a luxurious private hot tub right off the primary suite, ideal for relaxing evenings under the stars. What's more, just beyond your back door, you'll find direct access to scenic walking trails and green space, offering a seamless connection to nature for peaceful walks or active adventures. Quick access to downtown Parker, Castle Rock and I25. This home truly combines comfort, style, and functionality, making it a dream for anyone looking to settle into a welcoming and elegant space. Don't pass this one by!
Source: RECO #1761967
Source: RECO #1761967
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: #1761967
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