23 Mayflower Park Pl, Colorado Springs, CO 80905
4 beds · 4 baths · 3,083 sqft
Extraordinarily Luxurious Home | Finished Basement | Hot Tub | Glorious Views! Tucked away in the highly sought-after neighborhood of Gold Hill Mesa just moments from I-25, this 4BR/3.5BA, 3,349sqft move-in ready property enchants with a relaxed and welcoming aesthetic. Approaching the David Weekley Home, you admire the dual covered front porches, beautiful Masonite siding, composite decking, and unobstructed views of Pikes Peak and Garden of the Gods. Elevated to new heights with careful consideration to details, the updated interior features a home office with French doors, chic light fixtures, gorgeous tile flooring, an openly flowing layout, red oak hardwood staircase, elegant LVP flooring, and an expansive living room with a fireplace. Porcelain tile floors in the open concept gourmet kitchen create an upscale façade, which further enhances the appeal of the GE appliances, quartz countertops, custom 42” cabinets, dual wall ovens, gas stove, breakfast bar island, and a walk-in pantry. Indulge in lavish serenity with a sprawling upper-level primary bedroom featuring a private balcony, views of Pikes Peak and Garden of the Gods, two walk-in closets, and a spa-like en suite entices with a rain shower and dual sinks. The upper-level is completed with two sizable bedrooms, full bathroom, laundry room, and a loft/family room. Entertainment options abound with a finished basement (bedroom, bathroom, storage, and rec room/wet bar), as well as a fenced-in side yard boasting a covered patio, deck, hot tub, and greenspace. Other features: attached two-car garage with work bench/storage, basement laundry with W/D included, Radon mitigation system, custom shades/window treatments throughout, 3.2-miles to Downtown Colorado Springs, 72-mile drive to Downtown Denver, quick access to Fort Carson, Schriever SFB, Peterson SFB, and Air Force Academy, near shopping, schools, and restaurants, and more! Live the luxe life you and your loved ones deserve. Schedule a tour today!
Source: RECO #7029082
Source: RECO #7029082
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.
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