12626 Culebra Peak Dr, Peyton, CO 80831
5 beds · 4 baths · 3,338 sqft sqft
Prepare to be wowed! South facing, spacious rancher features cement siding with stone accents, covered front porch, storm door, formal entryway, wood floors, 9 & 10 ft ceilings on main level, coffered ceilings, large great room which walks out to composite rear deck, modern kitchen with espresso stained cabinets, 42" uppers, island, breakfast bar, granite counters, pantry, stainless appliances including gas range, island with granite sink, office with French doors, master suite with private 5-piece bath and walk-in closet, gas fireplace, finished basement with 9 ft ceilings, extended family room, good size secondary bedrooms, central air conditioning, security system, Ethernet wired in EVERY room which includes an 8-port switch in basement (providing gig speed in all rooms), PAID FOR Solar Panel System 10kwh-installed in 2023 which provides substantial savings on electric bills and includes transferrable warranty and bird netting protection. Exterior grounds include professional landscaping with auto-sprinkler, lawns, shrubs, trees, rock borders and lower-level concrete patio, firepit and backyard playset. Great location... close to parks, schools, Meridian Ranch recreation center with pools, and blocks from the new Fieldhouse indoor soccer field, under construction now. *click on both virtual tour links to see more
Source: PPMLS #5938698
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #5938698
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: #5938698
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.