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43090 N County Road 397, Granite, CO 81228
2 beds · 2 baths · 2,225 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Check out this unique home and workshop in the town of Granite. With 2 bedrooms, 2 bathrooms and a basement, this property has a ton of potential. A workshop, large storage shed, greenhouse and chicken coop are in place for your homesteading needs. The large workshop was used as an antique store by the current owner. The property has a garage for all of your toys and almost a half acre with views of the Arkansas river. Nestled between the growing towns of Buena Vista and Leadville, Granite is the perfect basecamp for all of your high altitude adventures. With the Arkansas river running through town this is a great location for fly fishing and whitewater rafting. A short drive will take to to Twin Lakes and the base of Independence pass. If you are looking for your mountain getaway please call me to set up your private showing.
Source: RECO #6737760
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: RECO #6737760
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.
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.
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