16083 E 47th Pl, Denver, CO 80239
3 beds · 3 baths · 1,538 sqft
***CHECK OUT THE AMAZING NEW PRICE*** Incredible opportunity for low maintenance living in the Denver Connection community! Step inside this immaculate 3 bedroom, 3 bathroom townhome to discover an inviting, open floor plan. The main living area features high ceilings, easy to maintain laminate flooring, ceiling fan, and modern recessed lighting. The big, bright living room window looks out onto the beautifully landscaped courtyard. The kitchen boasts granite countertops, ample cabinetry, tile backsplash, stainless steel appliances, stylish pendant lighting, and kitchen island with room for seating. The kitchen flows seamlessly into the adjoining dining space complete with unique, decorative wood shelving. A convenient main-floor powder room, large pantry, additional storage closet, and access to the attached 2 car attached garage are located just off the kitchen. Upstairs, you’ll find brand-new, cozy carpet throughout. The primary suite is a true, peaceful retreat complete with an en-suite bathroom featuring dual sinks, roomy walk-in tiled shower with a built-in bench, linen closet, and a huge walk-in closet. Two additional spacious bedrooms share a full bathroom on the second floor. The laundry closet located near the bedrooms includes a front-loading washer and dryer. Yet another storage closet is located in the hallway upstairs. All windows throughout the home have blinds installed. The Denver Connection community offers resort-style amenities, including the “HUB” clubhouse, a social committee with monthly events, sparkling pool, hot tub, parks, trails, and dog park. Located just 20 minutes from downtown Denver, 15 minutes from DIA, and 5 minutes from the Gateway Park train station, this home offers easy access to major highways, shopping, dining, and entertainment. Make this beautiful, move-in ready home yours and start enjoying all that this terrific community has to offer!
Source: RECO #4718185
Source: RECO #4718185
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: #4718185
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