VA loan
1 of 40
VA loan
$875,000

1591 Landon Ct, Windsor, CO 80550

4 beds · 3 baths · 2,626 sqft sqft

Welcome to 1591 Landon Court in beautiful Windsor Colorado! This was the builder's model home. The attention to detail and upgrades are on display throughout the home. The beautifully landscaped front entry is wrapped in stucco with stone corners. It opens into a bright main floor living room featuring a double sided fireplace with built in cabinets and art display nook. Light pours in through the oversized windows and the tall ceilings make the space grand. The kitchen has beautiful wood cabinets with a granite topped island. The GE Monogram range hood shines on the tiled wall and the window over the sink looks on the deck and the back yard. A built in oven and walk in pantry complete this chef's dream kitchen. A full dining room a breakfast nook and back deck provide gathering areas for your family friends and neighbors. The window in the office or music room looks into the front yard shrubs grasses and trees. The primary main floor bedroom has a panned ceiling and opens to a luxurious 5 piece bath with jetted tub stand alone, tile wrapped shower, double, spacious vanity and large walk in closet. Upstairs features a beautiful real wood banister three large bedrooms a linen closet and another high end bath. The private back deck has an open black railing is shaded from the beautiful trees and has an oversized staircase leading to the yard. If the 4 bedrooms 3 bathrooms and more than 2600sq' of highly finished don't suit you, the 1900sq' basement is ready for your design. The corner lot and location in the neighborhood provide this home with only one backyard neighbor. The high end gravel lock driveway makes pulling into your three car garage feel like you are pulling up to your own resort. Top of the hill living with amazing views of RainDance National Golf Course and Frank State Wildlife Trailhead. Close to downtown Windsor, I-25 and all that Northern Colorado has to offer. VA assumable loan at 2.375%! Schedule your private showing of 1591 Landon Court today!

Interest rate 3
2.75%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,748
With Roam
$2,705
Reduce your monthly payments by $956 when you assume this mortgage.
You also save $295,573 in total interest paid.

$488,138
Edit

You may be able to put down less than the total down payment amount of $488,138 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
0.25 acres
Year built
2004
Type
Single Family Residence

Source: RECO #6818018

Loan
Remaining term
25 years, 9 months
Rate
2.75%
Monthly P&I
$1,748
Remaining loan balance
$386,861

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Nov 21, 2024 12:28 pm
Listing agent: Mike Salza (970) 225-5152
Listing provided courtesy of: C3 Real Estate Solutions LLC (970) 225-5152
Details provided by RECO and may not match the public record.
MLS ID: #6818018
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Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,748/mo
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