16278 E 105th Way, Commerce City, CO 80022
3 beds · 2 baths · 1,682 sqft
Get a free consultation call with an expert in the mortgage assumption process.
ASK ABOUT ASSUMABLE VA MORTGAGE - BUYER NEED NOT BE A VETERAN NOR ACTIVE MILITARY! ALSO AVAILABLE TO INVESTORS. Welcome to the perfect place to call home! Nestled in the sought-after Buffalo Run community, this charming ranch-style home offers both comfort and convenience. With two spacious bedrooms, plus a versatile study or third bedroom, and two beautifully appointed bathrooms, this home is designed for easy living. Boasting over 1,600 square feet, the open floor plan offers a seamless flow, creating a warm, inviting atmosphere. Cozy up by the gas fireplace or cook in the modern kitchen with a large island, stainless steel appliances, and stunning granite countertops. The rich cherry wood floors add elegance, and the kitchen provides ample storage. Outside is your backyard oasis—a serene retreat with a concrete pathway and pergola featuring a retractable sunshade. The community pool and miles of scenic trails are nearby for outdoor enjoyment. This home comes fully equipped with all appliances, including the washer and dryer, making your move-in easy. A two-car attached garage and storage shed offer plenty of space for vehicles, tools, and gear. HOA dues are part of the taxes in this community. Check the Tax Certificate for details. This property is located in a Metro District. Seller pays about $145/mo. Buyer must get qualified to carry the lease. With easy access to DIA, major freeways, and the vibrant Denver and mountain lifestyle, this home offers both tranquility and convenience. Don’t miss your chance to see this beautiful home—schedule a tour today!
Source: RECO #9820606
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: RECO #9820606
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.
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.
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