1639 E 97th Dr, Thornton, CO 80229
3 beds · 3 baths · 2,380 sqft sqft
Discover the beauty of this charming three bed, three bath, first owner home in a well-maintained, HOA-free neighborhood. With tasteful updates and gorgeous robust tile throughout the main level, this home is both stylish and functional. Relax near a cozy fireplace and enjoy ample space in the spacious and comfortable living and family rooms or in the highly versatile loft featuring a second fireplace. The large eat in Kitchen boasts beautiful Granite counters and newer stainless appliances, just aside a stunning formal dining room, all of which seamlessly transition throughout this clever and practical floor plan. All the bedrooms are located upstairs along with the aforementioned flex space and a convenient laundry area. Two sliding glass doors allow access to the backyard which features a large concrete patio. The Garage has a rarely found 12 foot tall ceiling which could easily accommodate a vehicle lift or future construction of abundant additional storage space. Situated on a large, fully irrigated, corner lot in a quiet cul-de-sac, this serene, clean, well maintained, turnkey home is ideally located to everything the North Central Metro area has to offer with close and convenient access to all major Freeways. Seller is offering a $4000 Buyer Incentive in the form of a credit at closing which may be used for a rate buy down, help off set closing costs, pre paids or cash back etc. Ask your Agent for more details.
Source: RECO #4997313
Interest rate and monthly payment estimated based on public records.
Source: RECO #4997313
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: #4997313
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