12575 S Beaver Creek Way, Parker, CO 80134
4 beds · 3 baths · 1,753 sqft
Stunning 2 Story situated on a Quiet interior street in the Desirable Stroh Ranch community and conveniently located within walking distance to Parks, Trails, Pools, Rec Center and just around the corner from Shopping and Dining. This Upgraded home offers 4 Bedrooms, 3 Baths and a 3 Car Garage. Welcome home to an inviting Front Porch and step inside to an Open Concept floorplan with Soaring Vaulted Ceilings in the Bright Living and Dining rooms. The Family room is flooded with natural light and has a glass slider leading out to the Back Deck and a Yard with Privacy Fencing. Attractive Upgraded wood-look LVT flooring seamlessly into the Kitchen. The Chef will enjoy this Bright Spacious Kitchen finished with plenty of storage in the white Cabinetry and Pantry with plenty of space for a Breakfast Nook. The Upper level includes a Vaulted Primary Suite featuring a private en Suite Full Bath with Double Vanities and a Walk-in Closet. There are 3 more Bedrooms that share a Full Bath. Main level is complete with a Powder room and a sunlit Laundry room boasting a Window, Shelving and a Cabinet. Take advantage of the sunlit 750 SqFt unfinished Garden level basement with tons of Space for Expansion and Extra Storage space. Other highlights include a Neutral paint pallet and Art niches. You'll love the community amenities including the Creekside Rec Center located just a few blocks away with indoor/outdoor pool, fitness center, indoor/outdoor sport courts and a playground. Or take a stroll or bike on the Cherry Creek Trail that spans 40 miles. You are just minutes to Downtown Parker, Salisbury Equestrian, Sports Park, Stroh Soccer Fields, shopping, retail, dining and elementary school. Quick access to Parker Rd. See Virtual 3-D Tour.
Source: PPMLS #5632628
Source: PPMLS #5632628
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “Save search” 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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.