VA loan
1 of 24
VA loan
$485,000 SIGNIN

Sign in to see required down payment for the 2.625% rate

172 S Lowell Blvd, Denver, CO 80219

3 beds · 2 baths · 1,143 sqft

***This home qualifies for up to $17,500 in grants - reach out for more details*** Sitting atop a spacious corner lot in a vibrant Denver neighborhood, this nicely updated ranch-style home offers both comfort and convenience. Step into the large and inviting family room, with built-in bookshelves and original hardwood floors that provide warmth and character. The heart of the home features an updated kitchen equipped with stainless steel appliances, a farmhouse sink, and a cozy eat-in island, both functional and stylish. Large windows floods the main room with natural light, creating a cheerful atmosphere. The ample space allows for a sizable dining table perfect for holiday feasts or competitive game nights. A convenient 3/4 bath allows for privacy and enhances the home’s functionality for both residents and guests. The nicely sized bedrooms are versatile and offer the perfect solution for an at-home office or guest bedroom. Each room is filled with natural light, creating a serene and inviting environment for work or relaxation. Full bath is located in this shared hallway. The fully fenced yard provides a safe space for pets and outdoor activities. Enjoy gardening, hosting barbecues, skateboarding, or having a glass of wine after a long day. Bonus! Finished shed with LVT flooring and new paint for additional workspace or playhouse, includes power. Don't miss the oversized 2 car garage with extra storage room for future workshop. Easy access to the best of Denver sports and culture, you’re just a 10-minute drive from Sloans Lake/West Highland, Tennyson Art District, Belmar and more! Enjoy nearby parks, walking trails, and local shops, making it easy to embrace an active lifestyle. This charming home combines comfort, style, and a fantastic location, making it a must-see for anyone seeking their dream home with easy improvements.

Estimated
Seller's interest rate
2.625%
7%
Estimated
Monthly payment

$1,448
$1,968
You may also save up to $161,698 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 $1,968 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
2.625%
Remaining term
25 yrs and 11 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,448
Principal & interest
$907
Mortgage insurance
-
Property taxes
$188
Home insurance
$351
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,143 sqft
Lot size
0.14 acres
Year built
1921
Type
Single Family Residence
HOA dues
$0.00

Source: RECO #2761884

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 17, 2025 06:24 pm
Listing agent: Jennifer Apel
Listing provided courtesy of: Compass - Denver (303) 536-1786
Details provided by RECO and may not match the public record.
MLS ID: #2761884
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