4086 Ascendant Dr, Colorado Springs, CO 80922
5 beds · 4 baths · 3,504 sqft sqft
This is a must see! Stunning 2-story that's been renovated with luxurious touches! The great room concept features a fully updated kitchen with solid surface counters, new cabinets and all new stainless steel appliances. The large kitchen island offers a breakfast bar for casual conversations over coffee. The ample cabinet space is further enhanced by the large pantry for superb storage options! The living room features a custom mantle and stone hearth. Walk out to the comfortable back yard with seasonal Pikes Peak views! There is a main level office for those with a hybrid schedule or are looking for a studio. The primary bedroom is on the main level with a wonderful walk-in closet and stunning newly remodeled 5 piece bath! Upstairs are 3 comfortable bedrooms and a full bath. The basement was recently finished and features a projection system with screen, pool table an an additional bedroom and bath. There's plenty of room for storage in the mechanical area. Additionally, the oversized 3 car tandem garage could be a great space for storage and more! Some of the many features include central AC, new roof in October '23, newer garage door and openers, some new windows on the main level and many more upgrades! All appliances including the garage fridge and stand alone freezer stay! Pool table, hot tub and gazebo all included! Just move in and you'll be ready to host great summer get-togethers!
Source: PPMLS #9320007
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #9320007
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: #9320007
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.