12740 Scenic Walk Dr, Peyton, CO 80831
5 beds · 3 baths · 3,176 sqft
This ranch-style suburban Peyton home offers a perfect blend of comfort, style, and convenience. It's located just down the street from the 18-hole Antler Creek Golf Course, and the Meridian Ranch community offers tons of amenities: local schools and restaurants, a rec center with multiple pools, a fully outfitted gymnasium, baseball fields, sports courts, a dog park, 24 miles of trails, and a 45,000 sq ft fieldhouse coming soon! It's also only 15 minutes east of Powers Blvd, ensuring that you're never far from the essentials. Inside the home, the open-concept main level is perfect for entertaining and feels spacious and contemporary, featuring vaulted ceilings, wood laminate flooring, a gas fireplace, and glass doors leading to the backyard. The kitchen boasts an oversized island, stainless steel appliances, stone countertops, ample cabinet space, and a pantry. The main-level primary suite has high ceilings, a walk-in closet, and a luxurious attached 5-piece bathroom with granite countertops. Two additional bedrooms, a full bathroom, and the laundry room complete the main level. The fully finished basement offers 1,500 square feet of comfort and versatility. The expansive family room gives you plenty of space for a home theater, gaming station, rec area - whatever you need! The basement also includes two more bedrooms and a 3rd full bathroom. More bonuses to this property: a home humidifier, air conditioning, a security system, and an automated sprinkler system. With a range of desirable features, this home promises an exceptional living experience for those seeking a balance of modern comfort and opportunity. Don't miss your chance to make this home your own and experience the Colorado lifestyle at its finest.
Source: PPMLS #7475308
Source: PPMLS #7475308
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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