4569 Tetman Ln, Colorado Springs, CO 80916
4 beds · 3 baths · 1,721 sqft
Nestled in the highly sought-after Miller's Crossing neighborhood, this stunning 4 Bedroom / 3 Bath offers the perfect blend of style and comfort. Recently refreshed with new paint, and new flooring, making this home as inviting on the outside as it is on the inside. When you step in, you'll be greeted with 12-Foot vaulted ceilings, custom lighting, an articulately crafted living room. Creating an inviting atmosphere for both relaxing and entertaining. For the chefs, you'll appreciate the Updated Stainless Steel Appliances throughout with an eat-in country kitchen. Which is sure to bring your family and friends together for game day! Overlooking the family room, there is a step down that is great for casual play. Equipped with a walkout to the backyard, and to the garage, with a drop zone and fireplace. On those cold Colorado nights, you are sure to feel warmed-up throughout the holidays. As it's time to retreat, you'll enjoy this Primary En-Suite, which feels like a day spa. With tons of closet space, a dual vanity, sunk-In tub, and separate standing shower. The Elegant Finishes, offer a Soft and Warm feel. There are 2 Additional well-appointed bedrooms and a shared bathroom, with the same seamless styling throughout. For visitors, or for added privacy, there is a well-appointed Gym, Laundry, Bedroom, and Bath -- all on one floor. Outside take in the views of Pike's Peak and enjoy the meticulously landscaped yard that provides a peaceful retreat where kids can enjoy the playground, and you can entertain around the fire pit. The relaxation you'll feel while enjoying and entertaining is what it's all about. This home even has a Tesla Electric Car Connection in this 2-Car Garage, with plenty of storage. With its prime location in Miller's Crossing, this home is close to top-rated schools, shopping, dining, and parks, making it the perfect place to call home. Don't miss your chance to own a piece of this desirable community, book your showing 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.