20217 Kenneth Lainer Dr, Monument, CO 80132
3 beds · 3 baths · 4,008 sqft
WELCOME HOME to this Stunning Ranch-Style Gem in High Pines! Nestled on a 1/2 acre treed lot in a peaceful cul-de-sac in the highly desirable High Pines community, this exquisite stucco ranch-style home offers a perfect blend of elegance, comfort, and serene outdoor living. From the moment you arrive, you'll appreciate the meticulous care and thoughtful design that make this home truly special. Step inside to a bright and inviting great room with a cozy fireplace that that opens to the kitchen, a separate dining space and there is a convenient man level study. The kitchen is a chef’s dream, featuring gleaming hardwood floors, granite countertops, a generous island with seating, an undermount sink, ample cabinetry, and a sunlit dining area—all overlooking a private backyard retreat. The primary suite is a sanctuary of relaxation, with a fireplace, boasting a huge walk-in closet that leads into the main level laundry/mud room that is right off the garage, private access to the covered patio area, and a luxurious 5-piece ensuite with a soaking tub and a walk-in shower. Designed for entertaining, the finished basement offers a full bar, built-in shelving in the TV area, a second cozy fireplace, and two additional bedrooms, providing plenty of space for guests or family. Step outside to your private backyard oasis, beautifully landscaped with mature trees for ultimate privacy. Whether you're enjoying a quiet morning coffee or hosting a gathering, the serene outdoor space is the perfect setting. Don't miss your chance to own this exceptional home in one of the most sought-after neighborhoods—schedule your showing today!
Source: PPMLS #4876409
Financials
Source: PPMLS #4876409
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.