3725 Saints Ct, Colorado Springs, CO 80904
3 beds · 3 baths · 3,098 sqft
Rare Find--Stunning Custom Home tucked away in the Garden of the Gods Area. Enjoy breathtaking views of Pikes Peak, Garden of the Gods, and the surrounding landscapes from this exquisite three-bedroom, three-bathroom home. Situated on a spacious lot close to a third of an acre, this custom property boasts natural landscaping, multiple decks, and an array of standout features. Primary Suite: • Bonus room with Fireplace • Full bathtub • Walk-in closet • Bonus room • Private deck with incredible views of Pikes Peak Beautiful Spacious bedroom with awesome views of Pikes Peak, portions of the Garden of the Gods etc... Main Floor: • Expansive Trex deck spanning the length of the front of the house • Open-concept kitchen with adjacent room & fireplace, cabinets galore, generous sized breakfast bar. • Bright great room with cathedral ceilings, skylights and beautiful hardwood floors. • Laundry room with an additional half bath Basement: • Large open space with a wet bar • Two bedrooms • Three-quarter bath Additional Features: • Oversized two-car side-loading garage with extra workshop space • Outdoor storage shed and additional outside storage building. • Hot tub, Brick Patio This home is a rare find with incredible views from every window and thoughtful touches throughout. Close to all amenities, walk into the Garden of the Gods, close to Manitou Springs, Old Colorado City, shops, restaurants, hiking/biking/walking trails etc... Don’t miss the opportunity to make it yours!
Source: PPMLS #2318083
Financials
Source: Public records
Source: PPMLS #2318083
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.