415 Paisley Dr, Colorado Springs, CO 80906
5 beds · 5 baths · 4,831 sqft
From the standout charming exterior to the striking open interior, THIS HOME WILL WOW YOU FROM THE MOMENT YOU SET EYES ON IT... Surrounded by pine trees & beautiful landscaping, you will feel like you've stepped into a luxury mountain lodge in Vail. Boasting incredible & extensive updates, amazing mountain views, wonderful open floor plan & a master bedroom & office on the main, THIS HOME HAS IT ALL! Enter & the Two Story Great Room will impress with the Soaring Ceilings & River Rock gas fireplace. Extensive wood floors. Generously sized Formal Dining Room & a spacious remodeled Office with fireplace - check out the mountain views from this window - it will inspire you! The large Great Room with amazing light from the floor to ceiling windows is open to the fully remodeled Kitchen - truly A CHEFS DREAM with gourmet appliances such as Wolf gas range top, Kitchenaid oven/microwave, Bosch dishwasher, Quartizite counters, tile backsplash & customized pantry. Large island for eating & a wonderful breakfast nook for the whole family. Walk out to the expansive deck - new composite decking in 2024 - overlooking the manicured yard. The Vaulted Master Bedroom on this level offers a 3rd fireplace, wood floors, custom closet, & 5 piece bath. A custom iron banister leads you to the 3 large bedrooms upstairs. One of the bedrooms has an ensuite bath & the other 2 share a Jack & Jill bath. Great mountain & city views add to the charm of this level. The lower walk out level stands out as well with a 5th large Bedroom, a 4th fireplace, a remodeled Bathroom, a Media Room with the equipment staying, Game space large enough for a pool table & ping pong table, a Home Gym & recently updated mechanicals including 2 hot water heaters. The walk out from this level leads you to a fire pit area, a hot tub & a relaxing & lovely back yard. The 3 car garage has plenty of additional storage & is pre-wired for an EV charging station. This house is a GEM just waiting for one lucky family!
Source: PPMLS #2732954
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #2732954
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: #2732954
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.