VA loan
1 of 26
VA loan
$429,000 SIGNIN

Sign in to see required down payment for the 2.75% rate

4033 Silver Star Grv, Colorado Springs, CO 80911

3 beds · 3 baths · 2,266 sqft

Jackpot! Sharply Updated and Beautifully appointed 3Bed/3Bath/2Car with BIG Loft is ONLY 5 minutes from Fort Carson and I-25 while being Located in a Quiet Community that promotes a Comfortable Atmosphere***Upon entry, a Flexible Room/Space can be utilized as a Living Room or Study/Office***The Open Floor Plan Seamlessly Transitions from the Kitchen into the Expansive Living Area and is Ideal for Comfort and Entertaining***Glistening LVP Flooring Flows Throughout the Main Level***The Gourmet Kitchen features Stunning Granite Countertops, Island, Staggered Maple Cabinets, and an Upgraded S.S. Appliance Suite- perfect for any T.V. Chef.***The adjoining Dining Area provides easy access to the back patio, which provides for easy indoor/outdoor living***BONUS!! Upstairs, a LARGE Loft Area offers additional living space and may easily be finished off for a 4th Bedroom***Terrific Mountain Views from Upper Level***Enjoy the CENTRAL AIR!***French Doors lead into the Luxurious Primary Suite that Boasts a Spa-like 5-piece Private Bathroom and a Spacious Walk-in Closet***The Two Secondary Bedrooms each feature ample closet space, providing comfortable accommodations for family or guests***Yes! This meticulously maintained, clean, and updated home is ready for your quick move-in***Easy access to ALL military bases, amenities, shopping, food, and the best of Colorado fun- Certainly worth a Peak!

Estimated
Seller's interest rate
2.75%
7%
Estimated
Monthly payment

$1,899
$2,718
You may also save up to $259,603 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,718 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
VA
Rate
2.75%
Remaining term
26 yrs and 5 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,899
Principal & interest
$1,461
Mortgage insurance
-
Property taxes
$126
Home insurance
$311
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,266 sqft
Lot size
0.0941 acres
Year built
2013
Type
Single Family Residence
HOA dues
$0.00

Source: PPMLS #6203828

Qualify

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.

Resources
Frequently asked questions

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.

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.

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.

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 “Save search” 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.

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 620, 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.

View all FAQs
Last updated: Apr 14, 2025 07:59 pm
Listing agent: Chad William Lauber (719) 650-2223
Listing provided courtesy of: Coldwell Banker Realty (719) 550-2500
Details provided by PPMLS and may not match the public record.
MLS ID: #6203828
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
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