4238 S Netherland Cir, Aurora, CO 80013
5 beds · 3 baths · 2,918 sqft
Ranch Home!!! Enjoy an energy-efficient low maintenance home a fan favorite built by Meritage Homes. Boasting a welcoming covered front porch & a beautifully designed interior perfect for any family. As you make your way into the home take note of the beautiful hardwood flooring with its warm and inviting color. The expansive entry way makes greeting your guests a delight. At the front of the home there are 2 bedrooms with a full bath situated perfectly to allow for privacy. Entry from the garage into the home at the coat closet & oversized laundry room complete with Washer/Dryer makes it a breeze to unload from the busy day. At the back of the home where the gathering happens an open kitchen featuring quartz counters, subway tile backsplash, stainless appliances with a gas range and double ovens including convection makes cooking a breeze. Pendant lighting over the kitchen island adds to the ambiance. Family Room & Dining area combine all the essential elements of living and entertaining. Direct access from your Dining area to an oversized covered patio for grilling& dining al fresco. Enjoy a no maintenance backyard, aspen trees & synthetic turf area for the 4 legged family member(s). The master suite offers a private retreat at the back of the home. Bath with a dual sink, quartz counters, shower & expansive walk in closet. The finished basements adds exceptional value with two additional bedrooms, a storage area, a 3/4 bath, & spacious recreation room perfect for entertainment and family activities. Embrace a healthier, quieter lifestyle with energy-efficient features. New carpeting on both levels. Passive Radon System, Central AC, Tankless Water Heater, Brand New Roof with Transferrable Warranty are a few of the energy saving conveniences built within this beautiful home. . Conveniently located near Cherry Creek State Park, Southlands Town Center. 2.75% ASSUMABLE MORTGAGE / mortgage balance $390,000
Source: RECO #6312732
Interest rate and monthly payment estimated based on public records.
Source: RECO #6312732
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: #6312732
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