3654 Tuscanna Grv, Colorado Springs, CO 80920
3 beds · 4 baths · 4,196 sqft sqft
Gorgeous, ranch style Tuscan Villa in coveted La Bellezza community within Pine Creek. Perfect for maintenance free, luxurious living. Backs to a wildlife habitat managed by the US Fish & Wildlife Department, and is near Pine Creek’s 18-hole public golf course. The exterior stays true to old-world European elements, while the interior offers a spacious grand room, with 12 ft high beamed ceilings and gas fireplace; a large gourmet kitchen with walk in pantry; and a luxurious main bedroom suite with large walk in closet and modern 5-piece bath on the main level. All have access to two private courtyards through a set of 5 French double doors. The gourmet kitchen features Typhoon Bordeaux granite, high-end stainless-steel appliances and a 9-foot granite island. The main level also offers an oversized study with ample desk space, as well as living space to cozy up next to another gas fireplace. The switchback staircase to the lower level ushers you past a 9 ft paneled window, positioned under the 14 ft tall ceiling. The lower level features an expansive entertainment area and two bedrooms, both with adjoining baths and one with a walk-in closet. There are 9 ft ceilings throughout. The entertainment space includes a media area with surround sound system, a 150+ bottle standing wine cellar (temperature & humidity controlled), as well as open space for a game/craft/dining table. Ample storage and gym space are also available on the lower level. The home’s outside space is stellar. The spacious side courtyard, with two cedar gates, readily accommodates multiple outside living spaces for firepits, eating and socializing. The courtyard also provides access to an oversized, 2-car finished garage. The rear courtyard, off the living room, backs to a wildlife habitat with seasonal opportunity to enjoy the abundance and variety of nature. Where else can you find this luxury with privacy and views? Elegance and upgrades abound in this home. You won't want to miss this gem!
Source: RECO #7970575
Interest rate and monthly payment estimated based on public records.
Source: RECO #7970575
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 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: #7970575
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