VA loan
1 of 8
VA loan
$258,000 SIGNIN

Sign in to see required down payment for the 3.375% rate

1705 Maplewood Dr, Pueblo, CO 81005

2 beds · 1 baths · 866 sqft

Charming Ranch Home - Completely Updated and Move-In Ready! Step into this beautifully updated ranch home and be amazed by its open floor plan, seamlessly connecting the kitchen and living room. The new flooring flows throughout the home, accentuated by hand-textured walls and ceilings, and new base trim. This tastefully designed home boasts new cabinets, granite countertops, a sink, and a stainless-steel appliance package. The added shiplap and open shelves exude country charm. The designated laundry area includes a lightly used full-size stainless-steel washer and dryer. The remodeled bathroom features ceramic tile and new fixtures. The adorable mudroom offers versatility as a home office or bonus room. Exterior features include new paint, a covered carport, a spacious 10x21 workshop with 110 & 220 electrical outlets, and an additional storage shed in the backyard. The recently landscaped front yard includes new sod, rock, and a sprinkler system. Additionally, there's a 220-volt outlet for RV parking on the side of the house. This home is truly move-in ready!

Estimated
Seller's interest rate
3.375%
7%
Estimated
Monthly payment

$1,442
$1,972
You may also save up to $171,315 in total interest paid.

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,972 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
3.375%
Remaining term
26 yrs and 11 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,442
Principal & interest
$1,153
Mortgage insurance
-
Property taxes
$101
Home insurance
$187
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
888 sqft
Lot size
0.16 acres
Year built
1956
Type
Single Family Residence
HOA dues
$0.00

Source: PPMLS #8749616

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 14, 2025 07:59 pm
Listing agent: Mark Pepper (719) 351-2242
Listing provided courtesy of: The Warner Group (719) 505-0055
Details provided by PPMLS and may not match the public record.
MLS ID: #8749616
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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