216 Kettle Valley Way, Monument, CO 80132
6 beds · 5 baths · 4,870 sqft
This exquisite home is a true must-see! Impeccably maintained and located at the end of a quiet cul-de-sac. This stunning residence backs to open space with breathtaking mountain views from every window. At 4,977 square feet, it’s one of the largest homes in the neighborhood. The kitchen is a chef's dream, featuring elegant 42" maple cabinetry, granite countertops, and rich hardwood flooring. The expansive main-floor master suite boasts a luxurious 5-piece bath with numerous upgrades and two spacious walk-in closets. Bathrooms and the laundry room are thoughtfully upgraded with tile backsplashes, granite finishes, and ample storage. The versatile loft offers flexibility to suit your lifestyle serving as a home office, TV room, or cozy reading nook. Discover the charm of the newly finished basement, where a spacious family room with cozy fireplace and an inviting wet bar. This versatile space is ideal for entertaining, a game room, or accommodating large furnishings. The lower level also includes three additional bedrooms and two full bathrooms. Conveniently situated just off Baptist Road, this home is only five minutes from the highway for easy access. Fox Run Regional Park is also just a short drive away, offering scenic trails for hiking and mountain biking. The neighborhood itself includes family-friendly playgrounds and additional hiking trails. With I-25 nearby, you’re approximately 45 minutes from Denver and only 30 minutes to downtown Colorado Springs. Take in the stunning views of Pikes Peak from the comfort of your front porch. Truly move-in ready, this magnificent home is a must-see!
Source: PPMLS #1563663
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: PPMLS #1563663
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.