20469 E Mansfield Ave, Aurora, CO 80013
4 beds · 4 baths · 2,999 sqft sqft
Nestled in the highly sought-after Spring Creek Meadows neighborhood, this beautiful home offers both convenience and comfort with easy access to nearby schools, parks, and walking trails. As you step inside, you'll immediately be greeted by an abundance of natural light, soaring vaulted ceilings, and a spacious, open-concept living and dining area. The kitchen exudes warmth and style, featuring crisp white cabinetry, sleek countertops, upgraded flooring, and stainless steel appliances. Adjacent to the kitchen is a large eat-in space, which flows seamlessly into the inviting family room. The family room boasts a gas fireplace surrounded by built-in shelves, creating the perfect spot to relax or entertain. A bonus pocket office off the living room provides the ideal space for a homework nook or additional storage. Upstairs, the generously sized primary suite features a luxurious 5-piece en suite bathroom and a spacious walk-in closet. Three additional large bedrooms are also located on the second floor, along with a well-appointed full bathroom with dual vanities. The finished basement offers even more living space, including a cozy family room with a built-in wet bar—perfect for a media room, game room, or play area. There's also an oversized room that can easily be converted into a fifth bedroom, home gym, or craft room. The basement is completed by a full bathroom and plenty of additional storage. Step outside from the living room to your private, low-maintenance backyard retreat, which includes a deck with built-in seating, a pergola, and sunshades—ideal for relaxing or entertaining. Located in the Cherry Creek School District, this home provides convenient access to Buckley Space Force Base, Denver, DIA, public transportation, and major highways. Don’t miss your chance to make this exceptional property your new home! Information provided is deemed reliable but not guaranteed. Buyers should verify all details independently.
Source: RECO #5282647
Interest rate and monthly payment estimated based on public records.
Source: RECO #5282647
Source: Public records
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: #5282647
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