2125 E 127th Pl, Thornton, CO 80241
3 beds · 3 baths · 1,526 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming and completely renovated Thornton home. Step into this beautifully updated 3-bedroom, 3-bathroom home, where every corner invites you to relax and unwind. Picture yourself sipping morning coffee on the front porch, enjoying the peaceful surroundings. Inside, the open floor plan with vaulted ceilings creates a bright, airy space that seamlessly flows into the kitchen with all new cabinets, quartz counters and stainless appliances. Acacia hardwood gleams as it flows throughtout the home. The main-floor primary suite is your private retreat, featuring vaulted ceilings, an updated en-suite bathroom with double sinks and plenty of storage in the walk-in closet. Upstairs, two additional bedrooms and a full bathroom offer privacy for family, a home office or guests. Entire interior of home has been remodeled in 2019 and 2020. New roof makes for a completely updated home. The backyard is an entertainer’s dream, with a large patio and beautiful grassy area ideal for cozy evenings or gathering with friends. A two-car garage with upper storage racks offer ample storage. This home is just steps from Eastlake trails, lakes and playground to enjoy when you need to getaway from the city. With easy access to downtown Denver via the nearby light rail, plus shopping, schools, dining, and entertainment nearby, this home truly offers the best of both comfort and convenience. Don’t miss the chance to make it yours—schedule your showing today!
Source: RECO #5824357
All values shown are estimated costs / mo.
Source: Public records
Source: RECO #5824357
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.
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