3727 Chia Dr, Colorado Springs, CO 80925
4 beds · 3 baths · 3,056 sqft sqft
Welcome to this beautifully updated 4-bedroom home in desirable Cuchares Ranch! This stunning 2 story home offers 4 spacious bedrooms, 3 bathrooms and a versatile large loft, perfect for work or play. With over 3,000 square feet this flexible floorplan is waiting for you to make it your own! (Check out the virtually staged rooms in the photo gallery for ideas.) Enjoy the modern look of brand-new luxury vinyl plank flooring on the main level and new carpet on the upper level. Freshly painted interior walls and ceilings enhance the light and open design throughout. The huge main level family/living room can be transformed into a home office or game room - the options are endless! Cabinets and counter space are plentiful in the open concept kitchen featuring a breakfast bar, dining area, and reverse osmosis drinking water system. With the formal dining room and additional front room, entertainment options abound! Chores are a breeze in the upper-level laundry area with included washer and dryer. French doors open to the expansive primary bedroom with an attached bath hosting a luxurious soaking tub, walk-in shower and cavernous walk-in closet with adjustable shelving. Storage shelves are also included in the attached two car garage. A whole house water softener, new Pella sliding patio door, and an automatic sprinkler system are just some of the additional features offered in this home! Relax on the back yard patio on pleasant Colorado days and cozy up in the worry-free warmth of the brand-new furnace on chilly winter evenings. With an easy commute to shopping, entertainment, Peterson AFB, Shriever AFB and Fort Carson, this amazing move-in ready home has it all! Don't miss this chance to own your dream home!
Source: PPMLS #4839814
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #4839814
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: #4839814
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.