VA loan
1 of 49
VA loan

15567 Jessie Dr, Colorado Springs, CO 80921

5 beds · 4 baths · 2,675 sqft

Nestled within the coveted Gleneagle neighborhood, this stunning 5-bedroom, 3.5 bath, 2-car garage residence offers stunning mountain views, and backs to highly desirable open space! From the moment you pull up to your new home, you will be captivated by the covered front porch, where you can take in the panoramic mountain views that stretch across the horizon, providing a serene backdrop for everyday living. This meticulously updated home boasts newer red oak hardwood floors throughout the main level and second level, creating an inviting atmosphere from the moment you step inside. Continue into the formal living room, which effortlessly connects to the formal dining room, ideal for everyday meals or large gatherings. The dining area seamlessly blends into the kitchen, which serves as the focal gathering point of the main level. From the kitchen, step out onto the rear deck & enjoy the peace and tranquility of backing to open space! From the kitchen, continue into the cozy family room that features a gas fireplace, perfect for those chilly Colorado winter evenings. A half bath and laundry space complete the main level. Head upstairs, where the second level features four bedrooms on the same level, a rare find! The master suite, a true sanctuary, features a luxurious en-suite bathroom and expansive windows framing the majestic mountain scenery. Don't miss the oversized master closet! Three additional bedrooms and a full bathroom complete the upper level. Downstairs, you will find a functional walkout basement, complete with a large rec room, 3/4 bathroom, second refrigerator & a 5th bedroom. From the basement, step outside to your private outdoor oasis, where you can savor the crisp mountain air & breathtaking views. Gleneagle offers residents a lifestyle of unparalleled convenience and tranquility- zoned to highly rated D20 schools & providing convenient access to USAFA, Fox Run Park & all of the city's best dining, shopping, health club & health care amenities.

Location
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Loan details
Monthly payment

All values shown are estimated costs / mo.

Total
$2,901
Principal & interest
$2,288
Mortgage insurance
-
Property taxes
-
Home insurance
-
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,675 sqft
Lot size
0.14 acres
Year built
1996
Type
Single Family Residence
HOA dues
$0.00

Source: PPMLS #9425543

Qualify

To qualify, you must meet the current FHA or VA 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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 620, 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.

View all FAQs
Last updated: Apr 15, 2025 06:19 pm
Listing agent: Lauren Schneider C2EX GRI MRP (719) 338-7294
Listing provided courtesy of: Exp Realty LLC (888) 440-2724
Details provided by PPMLS and may not match the public record.
MLS ID: #9425543
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
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