13617 Park Meadows Dr
Peyton, CO 80831
5 beds · 3 baths · 3,176 sqft
$600,000
Get prequalifiedAbout this home
ASSUMABLE!!! Welcome to this exceptional 5-bedroom, 3-bathroom ranch home that offers the perfect blend of comfort, style, and breathtaking natural beauty. With an inviting open floor plan, this residence seamlessly connects its spacious living areas, creating an ideal setting for both entertaining and everyday life. The gourmet kitchen, adjacent to the living area, is a chef's dream with ample counter space and modern appliances. It flows effortlessly into the dining area, making meal preparation and gatherings a breeze. The primary suite is a luxurious retreat, offering plenty of room to relax and unwind. It features vaulted ceilings, a well-appointed 5 piece en-suite bathroom and a walk-in closet. Two additional bedrooms on the main level are spacious and versatile, providing comfortable accommodations for family and guests alike. Step outside to your large, beautifully landscaped backyard, where the deck and expansive lawn offer endless possibilities for outdoor activities with the trampoline, putting green, gardening opportunities, or simply enjoying the serene surroundings with stunning mountain views as your backdrop. Head downstairs to a large open family room, two additional bedrooms, one with a large walk-in closet, and a full bathroom. Additional features include a convenient laundry room off the spacious 3-car garage, and ample storage throughout the home. Located in a desirable neighborhood, this ranch home provides easy access to local amenities, schools, and parks while maintaining a peaceful, retreat-like atmosphere. Don’t miss this opportunity to own a home that combines modern conveniences with picturesque mountain vistas. Schedule your showing today and experience all that this remarkable property has to offer!
Source: PPMLS #4403534
Neighborhood
FAQs
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.
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.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.