14550 Old Pueblo Rd, Fountain, CO 80817
3 beds · 3 baths · 2,400 sqft
Escape to your own private 5-acre oasis in Fountain, Colorado only 15 minutes from Fort Carson! This stunning horse property is a dream come true for those seeking tranquility and breathtaking natural beauty. Step inside this custom-built 4-bedroom (4th bedroom non-conforming - loft), 3-bathroom home and be captivated by its warm and inviting atmosphere. The spacious living room with vaulted ceilings, anchored by a cozy gas fireplace, is the perfect place to gather with loved ones on chilly winter evenings. The open-concept layout seamlessly connects the living room to the family room, which leads out to a screened-in porch where you can relax in the hot tub, enjoy the fresh air, and take in the picturesque views of the surrounding landscape. Retreat to the primary suite, a true sanctuary with its own private balcony overlooking the tranquil Fountain Creek and lush greenery. The true magic of this property lies outdoors. Picture yourself strolling along the banks of Fountain Creek, listening to the gentle babbling of the water. Cultivate your own fresh produce in the irrigated pasture, complete with fruit trees. And when it's time to unwind, gather around the fire pit on the expansive patio and marvel at the starry night sky, with the majestic Pikes Peak as your backdrop. This incredible property also features two 2-car garages (one oversized), a 2-car carport, a 36'x48' metal pole barn, three sheds, two chicken coops, and solar panels that are free and clear. The fenced-in yard provides plenty of space for your furry friends to roam and play. Plus, you are able to use the water from the creek! Don't miss this once-in-a-lifetime opportunity to own your own piece of paradise. Schedule a private tour today and experience the unparalleled beauty and serenity!
Source: PPMLS #7508701
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #7508701
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: #7508701
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.