4569 Tetman Ln, Colorado Springs, CO 80916
4 beds · 3 baths · 1,721 sqft sqft
Enjoy this stunning 4 Bedroom / 3 Bath that is move-in ready! When you walk in, you'll be greeted with 12-Foot Vaulted Ceilings, Luxurious Lighting, Wood Flooring, and an Articulately-Crafted Living Room that will impress with its' Ambiance and Clean styling througout. This living room could be used as a formal dining room or tea time - or anything else that you'd like. For the chefs, (or those that like to eat) you'll appreciate the Stainless Steel Appliances throughout with an eat-in country kitchen. This Kitchen / Dining area is sure to bring your family and friends together for game day! For some quiet time, there is a step down to family room that is great for casual play. With a walkout to the backyard, and to the garage, with a Drop Zone off the Garage. For those cozy nights in, you'll appreciate the warmth of the fireplace. So, grab the book, game, or a movie, and your favorite snack. When you are ready to turn in, Endulge in this Classic-Elegant Primary Bedroom with tons of closet space. With its own Private Ensuite, which has a Dual Vanity, Sunk-In Tub, and Separate Standing Shower. Endulge in the Tall Ceilings, Elegant Finishes, with a Soft and Warm feel. There are 2 Additional Bedrooms and a shared bathroom. With well-appointed function, and subtle & classic elegance, you are sure to find delight. There is an 2nd Living Area that is Equipped with a Gym, Laundry, Bedroom, and Bath are all on one floor. So, if you're planning on having a visiter, or anyone that likes privacy, this home is sure to be a great fit. The Robust outdoors includes a Fire Pit to sit around and tell stories, cook smores, or just relax. Abundance of Lighting under the Canopy to enjoy and entertaining. Of course, the perfect place to watch the sunrise with a cup of joe. This home even has a Tesla Electric Car Connection. With the excitement of this house, and the location being so close to everything in COS, you'll want to see it with you own eyes. Come out today!
Source: PPMLS #4100360
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #4100360
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: #4100360
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.