12270 Karls Ln, Northglenn, CO 80241
3 beds · 3 baths · 1,930 sqft
This exceptional "CityScape" home by Richmond American blends modern style with smart design, offering three bedrooms, three bathrooms, and $60,000 in thoughtful upgrades. From the moment you step inside, the light-filled flex room and rich hardwood floors set the tone for elevated living. The attached two-car garage adds convenience, while the 2nd floor open-concept living level is made for entertaining—whether you're unwinding in the stylish living area or sipping coffee on the balcony. The gourmet kitchen is a chef’s dream, featuring a striking solid granite center island, sleek stainless-steel appliances, and plenty of room to create and connect. A spacious bedroom/study with its own full bath is the perfect flex space for guests or a home office. Upstairs, a secondary bedroom boasts its own private bathroom, ensuring comfort and privacy. Retreat to the serene primary suite, where a spa-like bath and a generous walk-in closet make everyday living feel like a getaway. And the best part? A stunning rooftop terrace with breathtaking views—your personal oasis for lounging, entertaining, and soaking in the cityscape. Bonus Opportunity: The seller is offering an assumable VA loan at a very favorable interest rate, presenting an incredible financing advantage for qualified buyers. Contact the listing agent for details! This home is modern living at its finest!
Source: RECO #4350739
Financials
Source: RECO #4350739
Source: Public records
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%. 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.
Other resourcesWhat 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.
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