17620 Leisure Lake Dr, Monument, CO 80132
4 beds · 3 baths · 3,215 sqft
Better than new, this beautiful ranch home is located in the highly sought-after Lake of the Rockies neighborhood. With high ceilings on both the main level & basement, luxury vinyl plank flooring throughout, & open-concept design, this home is the perfect blend of elegance & functionality. Step inside to a spacious living room, featuring a gas fireplace with stylish tile surround, ideal for cozy, relaxing evenings. The chef’s kitchen boasts 42” cabinetry, granite countertops, upgraded stainless steel appliances, large island with breakfast bar seating, & butler’s pantry/coffee bar—plus a generous walk-in pantry for ample storage. The adjacent breakfast nook leads directly to the backyard patio, while the formal dining room offers an elegant space for entertaining. The main-level primary suite is a private retreat, featuring a spa-like 5-piece bath with an extended dual vanity, soaking tub, walk-in shower, & large walk-in closet. A second bedroom or home office with its own walk-in closet is conveniently located near a full hall bath. The main-level laundry room ensures effortless one-level living, if desired. Downstairs, the fully finished basement offers endless possibilities! The large rec room is perfect for a home theater, workout space, pool table, or gaming area—complete with wet bar for entertaining. Two additional bedrooms sit near a ¾ hall bath, & there’s plenty of extra storage space as well. Outdoor living shines with a low-maintenance backyard featuring artificial turf & an expansive patio. Enjoy a short walk or bike ride along the neighborhood path to the park, playground, & Monument Lake, where you can picnic, paddleboard, boat, & fish. Plus, you’re just minutes from Monument’s charming shopping, dining, & top-rated schools, with easy access for commuting to South Denver or Colorado Springs. Don’t miss this opportunity to own a beautifully upgraded home in an unbeatable location—schedule your showing today! Check out the video too!
Source: PPMLS #4309562
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: PPMLS #4309562
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.