130 Iris Rd, Woodland Park, CO 80863
3 beds · 2 baths · 2,020 sqft
Welcome home to your private sanctuary featuring seclusion and self-sufficiency. Nestled into its private aspen valley this comfortable cozy home is minutes from Divide and Woodland Park and 100 yards from Pike National Forest. The front features a 2020 deck to enjoy bird and wildlife watching, morning coffee and romantic evenings under the stars next to the fire. You will enjoy self-sufficient mountain living with a private well on property, chicken coop, brand new greenhouse, fully fenced in garden areas, fully fenced in dog run, and over two dozen fruit trees and bushes including: cherry, plum, kiwi, pear, honeyberry, peach, blackberry, apple, strawberries, and more! The entire property is fenced and also includes an antique red Amish hand pump to pump your clean mountain water from your own private well. TWO wood burning fireplaces: one includes a blower, and second is a wood burning stove, will keep you cozy all winter long. TWO Primary suite bedrooms, one at each end featuring their own entry. Upgraded blown in insulation was installed in 2022 keeps your utilities low. French drain around the perimeter installed in 2021, 2021 propane tank is owned and included, water heater 2023, green steel roof on the main home and composite shingle on the two additions. Massive storage with included shipping container. Get ready to DREAM with large 330 sq ft unfinished space with outdoor access. SOO Many Possibilities! Conveniently located near dirt bike park and off road trails. Restaurants 10-15 minute drive. They have a saying up here: "If you are lucky enough to live in the mountains, you are lucky enough." This is an excellent home worthy of an investment for anyone! Schedule TODAY. It won't last!!!
Source: PPMLS #7820405
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #7820405
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 30-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: #7820405
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.