4860 S Picadilly Ct, Aurora, CO 80015
4 beds · 4 baths · 2,423 sqft sqft
Welcome to this charming home in the sought-after Copperleaf neighborhood. This home, featuring 4 bedrooms and 4 bathrooms across 2,423 square feet of living space, presents an ideal environment for those seeking comfort and convenience in a vibrant community. As you step inside, you're greeted by beautiful hardwood flooring that extends through the entryway and into the kitchen, enhancing both the beauty and functionality of the home. The main level also features a cozy living room with a gas fireplace, providing a perfect spot for relaxation. The kitchen is equipped with granite counter-tops, beautiful cabinetry, an island for additional workspace and an eating space perfect for meals. Upstairs, the home boasts three well-appointed bedrooms, including a primary suite with an over-sized walk-in closet and a 3/4 bathroom equipped with a dual vanity, ensuring a private space for relaxation. The full hallway bath also features a dual vanity and includes a large linen closet for additional storage. The fully finished basement expands the living space dramatically, featuring a rec area, an additional bedroom, a 3/4 bath, and even an additional washer and dryer. This space is perfect for guests or as a comfortable mother-in-law suite. Practicality is further emphasized with an extra tall garage door that accommodates larger vehicles, along with extra storage space within the garage. This home also features new exterior paint as of 2022 and a newly scheduled roof installation in 2024. Residents of the Copperleaf neighborhood enjoy access to a variety of amenities and community activities. Local schools, parks, shops, and dining options are just minutes away, providing all the conveniences needed for a comfortable lifestyle. **LENDER INCENTIVE! 1% TEMP RATE BUYDOWN FOR 1ST YEAR**REFI WITHIN 1ST 5 YEARS OF PURCHASE $1000 LENDER CREDIT & LENDER FEES WAIVED!** CALL ROBIN @ SLS LENDING FOR MORE INFO. 303-378-5973 OR EMAIL: Robin.McGlone@SelectLendingServices.com
Source: RECO #7068350
Source: RECO #7068350
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: #7068350
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