2720 N County Road 23, Bellvue, CO 80512
3 beds · 1 baths · 1,346 sqft
Get a free consultation call with an expert in the mortgage assumption process.
BRAND NEW CARPET THROUGHOUT AND FRESH INTERIOR PAINT! TAKE A SECOND LOOK! $5,000 IN SELLER'S CONCESSIONS! Minutes from Watson Lake, Horsetooth Reservoir, Lory State Park and Vern's for breakfast! Coveted location in Bellvue, this 3 bedroom, 1 bath modular home sits on a treed, .41 acre lot with No HOA! The backyard is fenced and there is a 1 1/2 car detached garage workbench and shelving plus a chicken coop for harvesting your own eggs! Wake up with wildlife outside your door. Deer and turkeys are frequent visitors. Enjoy morning coffee on the oversized covered backyard patio. There is plenty of room to park your RV, boat, or grow your own garden. Bike popular Bingham Hill right outside your door. Inside you will find a large living room, separate dining room with a bay window and a sun room/family room with built in cabinetry and has a chimney for a pellet stove. The pellet stove will be reinstalled. The kitchen has a wood laminate floor with refrigerator, dishwasher, electric range oven included. The laundry room has a washer and dryer that are also included. There are three good size bedrooms and a remodeled 3/4 bath. Mature trees add shade and curb appeal. Property is serviced by Excel electric and gas, West Fort Collins water, a septic system that will be inspected prior to closing and has gas forced air heat. Great location for outdoor enthusiasts or people just seeking the quiet, country life close to town! Easy to show. Quick closing and possession possible.
Source: RECO #IR1025849
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: RECO #IR1025849
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
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