4605 WINDMILL FLATS CT, Peyton, CO 80831
Experience the charm and elegance of this truly gorgeous equestrian property just south of Falcon, close to shopping , entertainment and restaurants while still Enjoying a peaceful country setting. Spanning over 5 acres, this property is thoughtfully designed for your horses. This home has had multiple updates! The beautiful open living room showcases a stone wall with a gas fireplace , hardwood floors and 10 ft Ceilings! The large, spacious eat-in kitchen is equipped with hickory cabinets, a large island, and stainless steel appliances, with access to a 30 x 12 deck for seamless indoor/outdoor living right off the dining area. Right off the kitchen is your inviting master retreat showcasing the Mountains in two giant windows and a superb 5-piece spa bath with a new standalone soaking tub and separate Vanities and Closets! For your horses this property is thoughtfully setup for easy pasture rotation and plenty of room for training. - 4 loafing sheds under 2 years old (buyer can easily put stalls in if needed) - Tack Room / Feed storage - Arena with solar lighting (and remote) - This property is Fully fenced and Cross fenced with horse safe straight wire and electric with solar power! - All pastures have insulated auto waterers Included : - 1 Large Hay feeder (including additional 1200lb bales purchased through Bartlett Hay Co.) - Hot tub - No HOA, High speed internet available , 9x11 shed (new) The seller has a Bobcat compact tractor bought new with less than 200hrs including all attachments (mower, arena drag, front loader and hay fork) that will be negotiable if Buyers would like to include them in the sale for a higher price! Call me if you have any questions or would like to schedule a showing on this great property!
You may be able to put down less than the total down payment amount of $171,960 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #9776685
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