1927 Brookdale Dr, Colorado Springs, CO 80918
4 beds · 3 baths · 3,240 sqft
Beautiful home located in a quiet neighborhood surrounded by mature trees and gorgeous views! Great curb appeal, outdoor space and a large three car garage. Step through the front door into the living room where you are greeted by gorgeous wood floors, a new mini split cooling unit and vaulted ceilings. Bask in the natural light that pours through the abundant windows. Take a look at the dining room which includes extra cabinet and counter space. The galley kitchen includes stainless steel appliances, beautiful dark countertops and walks out to the large patio space with a built in countertop and barbecue grill - an amazing place to entertain or unwind after a long day. Additional features of this home include a climate controlled wine cellar with a large built in wine rack and wood shelving, as well as a spacious home gym with tons of equipment! The sun room on the main level makes a fantastic plant room or a great place to stargaze at night! Enjoy the sounds of nature from any of the decks - one off the main level and the other walks out from the upper level office space. The nice sized primary bedroom boasts a walk-in closet and an adjoining bathroom as well as a new mini split unit allowing you to keep the room cool and comfortable during the warmer months. This home makes the perfect retreat for you and your loved ones and is incredibly unique! Additionally, this home offers an assumable VA loan with a 4.6% interest rate! The current loan balance is $580,493 with a monthly payment of $3,663 including taxes and insurance. Schedule your showing and take a look for yourself today!
Source: RECO #1713539
Source: RECO #1713539
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: #1713539
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