52 Luxury Ln, Colorado Springs, CO 80921
4 beds · 5 baths · 3,439 sqft
This stunning townhome in the desirable Sun Mesa community offers spacious living with two primary suites and an array of updated features. The main level boasts an open-concept design, seamlessly blending the kitchen, dining, and living room areas. The living room is a cozy retreat with a gas fireplace, vaulted ceilings, and an abundance of natural light. The fully updated modern kitchen is a chef's dream, featuring brand-new qauartz countertops, beautiful back splash, soft-close cabinets, and new JennAir stove. This kitchen seamlessly blends style and functionality, making it perfect for both casual meals and hosting guests. The open layout allows for easy interaction with the dining and living areas, creating a perfect flow for entertaining. The main-level primary bedroom features a private bathroom, a large walk-in closet, and private balcony. For added convenience, there is also a half bath, laundry and dedicated office on this level. Upstairs, you'll find a second luxurious primary suite complete with its own seating area, private balcony, attached bathroom, and walk-in closet. Another large bedroom on this floor includes two walk-in closets for ample storage. The upper level also features a versatile loft space and a full bathroom, perfect for guests or additional living space. The finished basement expands the home's living area with a large recreation room, perfect for entertainment or a home gym, another generously sized bedroom with walk-in closet and an attached bathroom, making it ideal for guests or additional family members. Additionally, there is a large storage room, offering plenty of space for your belongings. Located close to USAFA with easy access to I-25, this property is conveniently positioned near popular restaurants, shopping, and entertainment venues. Whether you're entertaining guests or enjoying quiet moments, this Sun Mesa townhome provides the perfect balance of comfort, convenience, and modern luxury.
Source: PPMLS #4964236
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 #4964236
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.
