3103 Cliveden Hts, Colorado Springs, CO 80906
3 beds · 3 baths · sqft
Welcome to your next chapter in Colorado Springs living! This delightful end-unit townhouse offers the perfect blend of comfort and style across 1,450+ square feet of thoughtfully updated space. Step inside and you'll immediately notice the fresh two-tone paint and brand-new flooring throughout, featuring a stylish combination of carpet and luxury vinyl plank. The newly renovated kitchen is a home chef's dream, boasting gleaming stainless-steel appliances and a convenient pantry for all your storage needs. With three bedrooms and two and a half bathrooms, there's plenty of room for everyone to spread out. The bathrooms have been updated with modern fixtures and finishes, giving them a contemporary feel that's sure to impress. The primary bedroom offers a peaceful retreat after a long day. Practical amenities include an in-unit washer and dryer (yes, they're included!), and newly replaced windows that flood the space with natural light while helping with energy efficiency. Step outside to your private patio and fenced yard – perfect for morning coffee, evening relaxation, or letting your four-legged friends explore. Location? It doesn't get much better! You'll be conveniently close to shopping, dining, entertainment, and military bases, making your daily commute a breeze. This end unit gives you the perfect balance of privacy and community living, with all the perks of a recently updated home. Don't miss out on this fantastic opportunity to own a move-in ready townhouse in one of Colorado Springs' most convenient locations!
Source: PPMLS #3853137
Source: PPMLS #3853137
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: #3853137
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.