3708 Mount Hope St, Wellington, CO 80549
4 beds · 3 baths · 2,023 sqft
NO METRO DISTRICT TAX & VERY LOW HOA DUES! This beautiful home is perfectly situated on a south-facing lot in The Knolls subdivision. Featuring an impressive & hard to find, four-car, front-load garage (finished & painted) with plenty of space for your vehicles, tools & hobbies. You'll immediately notice the customized exterior elevation that gives this home a stand-out curb appeal compared to its rivals. Fall in love with the large covered front porch, perfectly manicured landscaping + newer exterior paint & shingles (2017). Step inside to an open floor plan with vaulted ceilings, new hard-surface flooring (both beautiful & durable) & perfectly placed windows that allow for plenty of naturally soft light. Every home should come with this expansive mud room/drop zone when you enter from the garage, which offers the perfect place for boots, coats, & backpacks. The lovely kitchen features a pantry, beautiful SS appliances, naturally warm wood cabinets, bar-stool height countertops & an eat-in dining area with backyard access. Enjoy the open & upgraded banister railing staircase on your way to the upper level, where you'll find all four bedrooms, including the primary suite + conveniently located laundry = no more lugging laundry hampers up & down the stairs! The large unfinished basement allows for great storage or boundless potential with bathroom rough-ins & secondary laundry hook-ups + with the tankless, on-demand hot water heater, you'll never have to worry about running out of hot water again! Enjoy the small-town charm that Wellington has to offer without sacrificing a long commute. No metro taxes & low HOA dues (that include non-potable irrigation water) make this a more affordable option with a lower monthly payment! Don't miss out - contact broker for a showing today!
Source: RECO #ir1018462
Source: RECO #ir1018462
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: #ir1018462
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