18107 E Belleview Ln, Centennial, CO 80015
6 beds · 4 baths · 2,948 sqft
Sharp, elegant home has been remodeled top to bottom! Lovingly remodeled by the prior owner (not a flip) prior to their unexpected move in 2022. The current owner added additional quality upgrades. Featuring an open floor plan and abundant southern light, this home has an airy and inviting feel. Tasteful selections throughout the home, including dark vinyl flooring, new cabinets and quartz counters throughout, oil-rubbed bronze fixtures, and cordless blinds. Everything is sharp and modern. The open kitchen shines, featuring an undermount stainless sink and stainless appliances, including a Samsung 5-burner gas range. Fantastic oversized primary suite with wonderfully remodeled 5 piece bath. Elegant soaker tub, separate shower with seat and rainfall shower head and double vanity. Walk-in closet. 4 spacious bedrooms upstairs plus 2 in the basement means plenty of room for everyone. One of the basement bedrooms features an en-suite ¾ bath, and the other is large enough to be another living area if needed. Great multi-gen possibilities. System updates include a new roof in 2024, new 200 amp electrical panel, modern furnace, AC, water heater and radon mitigation system. Brand new 4700 kW photovoltaic solar system to be paid off prior to closing. Free electricity for years to come! Recently new interior and exterior paint. Deck with pergola, plus a beautiful paver patio/game area and fenced back yard. Large shed with power, AC and a roll-up door. Recently installed front and rear sprinklers. Insulated and drywalled garage with insulated garage door and newer opener. South-facing orientation provides a “solar snow shovel” for the driveway and sidewalks. 2.625% Assumable VA loan (eligible vets only, call for details). Quiet cul-de-sac. Cherry Creek Schools. Basement bedrooms non-conforming. This is truly a wonderful home, offering the perfect blend of location, floor plan, and quality updates.
Source: RECO #4488720
Source: RECO #4488720
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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 “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.
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 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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