2539 Tempest Dr, Colorado Springs, CO 80939
4 beds · 3 baths · 2,657 sqft sqft
Discover this like-new single-family home on the expanding east side of Colorado Springs! Built in 2020, it's located in The Sands—a northeast community off Marksheffel and Constitution, near the King Soopers shopping center. With 4 bedrooms, 3 bathrooms, and a 2-car garage, this home offers ample space for the whole family. Step into the main living area and be wowed by the open floor plan, featuring vaulted ceilings, LVP flooring, and a gas fireplace. The charming living room provides the perfect setting for quality time with loved ones. The kitchen boasts stylish finishes, stainless steel appliances, and a large granite island. Adjacent to the kitchen, find a delightful dining area ideal for hosting gatherings. Down the hall, the spacious master suite awaits, complete with a walk-in closet and en-suite full bathroom, featuring a double vanity, soaker tub and stand-alone shower. The main level also includes two additional bedrooms and a full bathroom. The finished basement houses a large family room—perfect for movie nights—plus a fourth bedroom and full bathroom, offering privacy for guests. Outside, the backyard is designed for entertaining with a covered patio and large yard, accessible through sliding glass doors. This home showcases pride of ownership and includes central A/C. Enjoy low maintenance, as all fixtures and systems are only four years old. Conveniently located minutes from grocery stores, parks, and schools, with easy access to Powers for commuters. Don't miss out on this charming home—it won't be available for long!
Source: PPMLS #2625923
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #2625923
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 30-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: #2625923
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.