2317 Barela Dr, Berthoud, CO 80513
3 beds · 2 baths · 1,366 sqft sqft
Low assumable interest rate!! Welcome to 2317 Barela Dr., a beautiful ranch style home located in the Hammond Farms neighborhood of Berthoud, CO. Built in 2019, easy access to HWY 287 making your commute effortless. With three spacious bedrooms and two bathrooms, this home is perfect for gathering and entertaining. The attached two-car garage provides ample storage and convenience, while the fully landscaped and fenced backyard offers a private oasis that backs onto open space, delivering views of the stunning Rocky Mountains. Step inside to discover elegant wide plank floors and upgraded granite countertops, a stylish backsplash, and top-of-the-line appliances. The open concept layout allows for a seamless flow from the large kitchen with gas range into the living room, centered around a cozy fireplace-a perfect setting for relaxing or hosting gatherings as you enjoy breathtaking sunset views. The master bedroom, located at the rear of the home for added privacy, boasts a generous walk-in closet and a luxurious private bath. Additional features include energy-efficient solar panels that will transfer to the buyer free and clear, helping to significantly reduce utility bills to around $30/month and a new roof installed in Oct. 2024 for added peace of mind. Beyond the home, you'll find the renowned TPC Colorado, the first new up-ground golf course in Colorado in nearly a decade, complete with a beautiful clubhouse and excellent dining options. With close proximity to hiking trails, golf courses, shopping, and more, this property offers a truly enviable lifestyle. Don't miss the opportunity to make 2317 Barela Dr. your new home.
Source: RECO #IR1016809
Interest rate and monthly payment estimated based on public records.
Source: RECO #IR1016809
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: #IR1016809
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