5183 Durham Ct, Denver, CO 80239
5 beds · 2 baths · 2,016 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Fully Remodeled, Near School!!!** This beautiful home is situated in the newer part of Montbello. Its newly remodeled custom kitchen is perfect for entertaining, and it boasts Five ample bedrooms and two remodeled bathrooms. The property features new roof, gutters and downspouts, new flooring, paint, texture, tile, and more. In addition, it has a lush green front yard, the 5th bedroom could be turned back into a garage if needed, and an oversized backyard with a covered patio, making it perfect for family and friends. 2529 sq ft includding finished garage. **This gorgeous home comes with brand new energy efficient solar panels, ready for the buyer to assume payment and enjoy the savings with Xcel energy. It's conveniently located near schools, parks, shopping, and more, offering easy access to everything you need. With quick routes to Northfield, Anschutz, downtown Denver, and the foothills, as well as access to public transportation and the airport, this home is waiting to inspire your next chapter. **Hermosa casa con paneles solares nuevos, listos para que el comprador asuma el pago y disfrute de los ahorros con Xcel Energy. Convenientemente ubicada cerca a escuelas, parques, tiendas y más, fácil acceso a todo. Con rutas rápidas a Northfield, el centro de Denver y las colinas, así como acceso al transporte público y al aeropuerto, esta casa está esperando inspirar su próximo capítulo. ¡No te lo pierdas! **
Source: RECO #9499260
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: RECO #9499260
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.
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