1281 Conifer Trl, Elizabeth, CO 80107
5 beds · 4 baths · 3,296 sqft sqft
Looking for a large fenced yard close to everything that Parker has to offer? Look no further! Assumable FHA loan with a rate of 2.25% Over $200,000 in updates! Water is included in HOA dues! No water bill! No sewer bill! Great curb appeal with wrap-around front porch for relaxing on those beautiful Colorado summer days. Inviting entry with brick flooring. Living Room with bright sunny windows, decorative wall sconces and gas fireplace. Spacious dining room. Stunning updated kitchen with quartz countertops, new cabinetry, stainless steel appliances, range with designer hood, large island that provides extra seating and sliding glass doors to deck. Main floor laundry room with stylish barn doors. Main floor bedroom. Main floor half bath for guests. New luxury vinyl plank flooring throughout most of the main floor. Primary Suite with vaulted ceilings, updated bath and dual closets. Two additional bedrooms share a beautifully appointed full bath. Basement features a cozy den with built-ins, a large family room/rec room, a bedroom, and a brand new gorgeous bathroom with decorator vanity, dual sinks, dual rain showers, and designer tub. Or, you can choose to use the entire basement as a huge master retreat. Home also features whole house water filtration system and reverse osmosis at the kitchen sink. Newer furnace and A/C. New roof and gutters. Brand New Septic Tank. Fully fenced yard with deck and playset surrounded by numerous trees for privacy. All wallpaper in the home is "peel and stick" so it can easily be removed. The Gambel Oaks neighborhood features a recently updated tennis/pickleball court, a volleyball court, new playground, horseshoe pit, and large heated in-ground pool. You can also enjoy horseback riding or hiking on the 100 ACRES of open space owned by the neighborhood. Keep your horse close by at the Gambel Oaks Stables and Equestrian Center. There is also a storage lot available, for boats, RVs or trailers.
Source: RECO #9540111
Interest rate and monthly payment estimated based on public records.
Source: RECO #9540111
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: #9540111
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