1217 Morton Ave, Dacono, CO 80514
5 beds · 3 baths · sqft
This is your opportunity to own one of the biggest homes in the neighborhood! This home has luxury spaces added throughout, thoughtful storage options and an incredible mountain view. Your new home boats a main level bedroom, a full bathroom, a second, main floor bedroom (non conforming) which can also be used as an office or flex space, and high ceilings throughout. Enjoy the holiday season in your new dedicated formal dining space off of the kitchen. The eat-in kitchen's open layout is perfect for entertaining as it flows nicely to the dining room and large living room. The walk in pantry compliments the upgraded builder option coffee bar/ breakfast nook space just off the kitchen. Outside, you will find a large poured concrete pad with wrap around sidewalk for your convenience. Upstairs, you will find your spacious primary bedroom retreat that includes a full bathroom and more closet space than you could have imagined. Additionally, you will find two more bedrooms, a full bathroom, as well as a second living room/ loft space. Even the laundry room has a luxurious feel with all the extra space. There are trails, grocery, retail, skate park, bmx tracks, splash-pad park, and highway access nearby. The spectacular mountain views and amount of square footage you have here is unmatched for the price! Plus, you get a brand new roof! SPECIAL FINANCING available through preferred lender. Reach out to find out your options such as a closing cost credit or BUYDOWN.
Source: RECO #8875238
Interest rate and monthly payment estimated based on public records.
Source: RECO #8875238
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: #8875238
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