4935 Nugent Dr, Colorado Springs, CO 80922
4 beds · 3 baths · 2,532 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This beautifully updated 4-bedroom, 3-bathroom home in Stetson Hills is practically brand new from top to bottom—and it shows. Nestled on a quiet cul-de-sac with stunning views of the Front Range and Pikes Peak, this two-story home offers the perfect blend of modern comfort and breathtaking Colorado beauty. Inside, nearly every inch has been remodeled with style and intention: enjoy new interior and exterior paint, luxury vinyl plank flooring, new carpet with upgraded Karastan padding, and popcorn ceiling removal for a fresh, contemporary feel. The kitchen is a showstopper, featuring all-new cabinetry with crown molding, high-end granite countertops, and a full suite of brand-new Samsung appliances. The updates continue throughout with new tile in all shower enclosures and granite countertops in every bathroom, giving each space a clean, modern finish. The primary bathroom includes a stand-alone soaking tub and a new seamless glass shower enclosure. Additional upgrades include shaker-style doors and wood trim, tamper-resistant outlets and switches, new lighting throughout (including canless fixtures), new faucets and plumbing, and smart home features like a thermostat and door locks. The solar system with 34 panels is already connected to Colorado Springs Utilities' Net Metering and includes upgraded electrical, conduit, and “Critter Guard” to protect the system. You’ll also find a gas fireplace with a new granite hearth, an epoxy-painted basement floor, multiple new windows and blinds, a new roof and roof anchors, and a professionally serviced furnace. The garage is currently being finished, and landscaping updates are underway. With over 2,500 finished sq. ft., vaulted ceilings, a main-level office, and a view you’ll never get tired of, this home is truly a rare find. Whether you're sipping coffee while gazing at Pikes Peak or hosting guests in your fully modernized space, this home checks every box—and then some. Don’t miss it!
Source: PPMLS #9329340
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: PPMLS #9329340
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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 committed to and abides by the Fair Housing Act and Equal Opportunity Act.