2330 Inspiration Ln, Pueblo, CO 81008
3 beds · 4 baths · 2,302 sqft
Sat on a huge fenced corner lot with beautiful sprawling mountain views this unique cottage-style home has 3 large bedrooms - including the primary bedroom on the main level, and 4 bathrooms with an oversized attached garage. Walk through the entryway to fantastically maintained plank flooring and a large open living area with plenty of light from the Northern facing windows. Off to the side the owners entrance sits from the garage (which you'll enjoy the extra space within), a cozy dining area, and well well-functioning kitchen. The kitchen offers more than enough room to host large parties and store food for any size family. Down the hallway, you have main-level laundry and the primary bedroom with an attached bath. Just further you gain access to the yard that has enough space to have all the pets you want. While you could live on the main level, upstairs offers two bedrooms with tall ceilings, a full bath, and a well-apportioned den area that has been used as a homework space. Moving down to the basement the additional room used to house a pool table, but not is ready to be finished in any manner that you could need. The bathroom in the basement is fully operational and adds to the benefits of this wonderful property. A small utility sink has been prepared under the stairs. Make sure to visit this home before it's too late.
Source: PPMLS #5532373
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #5532373
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: #5532373
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.