25163 E BYERS DR, Aurora, CO 80018
Welcome home!! This beautiful and meticulously maintained two story home is located on a large corner lot in the heart of Traditions. This is a family oriented neighborhood complete with a pool, park, playground and club house. The home is beautifully appointed with neutral colors and warm decor. You will enjoy the open floor plan loaded with lots of natural light. The well appointed kitchen includes stainless steel appliances, a new gas cooktop, new microwave, slab granite counters with bar seating, and beautiful backslash. The center island and dining area provide great space for family dinners and entertaining friends. Directly off the Dining area is a large bank of windows and sliding patio doors that expands entertaining space outside with a large backyard and patio that is the full length of the house. The cozy Great room is complete with a fully tiled wall with electric fireplace, space to mount a large TV, a shelf and built in boxes. Unlike many two story homes, you have a large main floor bedroom and adjacent full bath to share with family or guests. The upper level has a large master bedroom with its own ensuite bathroom and walk in closet. Two additional bedrooms, full bath and laundry room complete the upstairs living space. Make it your own by using one of the bedrooms as an office, craft room or work out space. With easy access to Denver International Airport and downtown Denver, let your adventures begin. Shopping, restaurants, recreation center all nearby for your family's enjoyment. Quick access to major highways including I-225, I-70 and E-470 make your commute quick and easy. Make it yours before it is gone! Priced below Assessed value! It won't last long! ASK ABOUT 100% FINANCING FROM KEY BANK
You may be able to put down less than the total down payment amount of $298,924 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #9034778
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