2550 Gold Creek Dr, Elizabeth, CO 80107
5 beds · 5 baths · 4,428 sqft
Welcome to your dream home, where modern elegance meets ultimate comfort. This stunning property features a spacious home nestled on over 10 acres, in close proximity to downtown Elizabeth. You will be welcomed to the property with a paved driveway that extends from Gold Creek Dr. to the house. This expansive residence features soaring high ceilings that create an open, airy atmosphere throughout. The contemporary design is complemented by a cozy fireplace, perfect for relaxing evenings. The recently updated kitchen and flooring add a modern touch, complete with upgraded appliances. The spacious bedrooms offer generous retreats for everyone, while the stylish dining area provides an ideal setting for gatherings. The main level master bedroom features a highly desirable five-piece bathroom. The convenient laundry area is also located on the main floor. One major highlight of this home is the remarkable basement, which boasts a luxurious mother-in-law suite, complete with its own amenities and privacy. This versatile space can serve as a guest haven or an independent living area. This home truly combines modern convenience with inviting warmth, creating a perfect setting for both daily living and entertaining. For the handyman, the property includes a well-equipped heated workshop garage, designed for all your projects and hobbies. Outside, you'll find a fenced yard of about one acre—perfect for pets—along with a large open deck for entertaining, complete with a firepit, and mature landscaping surrounding a covered front porch!
Source: PPMLS #6005785
Source: PPMLS #6005785
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: #6005785
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.