533 Pine Slope Rd, Idaho Springs, CO 80452

Enjoy secluded mountain living while being steps away from all downtown Idaho Springs has to offer! This large, gated mountain home is perfectly positioned at the top of a long private drive above Idaho Springs’s Bridal Veil Falls, overlooking Clear Creek. The property is an outdoor enthusiast’s playground offering hiking out your front door, hot springs within walking distance, 2 large decks with priceless views, and a hot tub to soak it all in. Inside you will be greeted by a great room with 20+ foot high ceilings, extremely large windows with new window treatments, new carpet and fresh paint throughout. The grandiose feel continues across the main level up to the massive primary suite, equipped with a 5-piece bath, large walk-in closet, loft perfect for a home office, and your own private deck looking up Echo Mountain. The vaulted ceilings in the great room and primary provide a true wow factor. The main level has an open floor plan with 2 separate living rooms, each with its own wrought iron wood burning fireplace. There are 2 bedrooms off the back living room that share a large full bathroom. The 4th bedroom has its own en suite bathroom and huge walk-in closet. The dining room is large enough for a 10-person dining room table. The kitchen is centrally located on the main level with access to the beautiful new sandstone patio and large, flat backyard. The outdoor oasis is so close to main street you can hear the live music from your patio all summer long. Prime location overlooking historical Idaho Springs: 40 minutes to downtown Denver, 20 minutes to Red Rocks, 50 minutes to Boulder, 15 minutes to Black Hawk, 5 minutes to the local grocery store and 2 minutes to Indian Hot Springs. The mountain views from every room, impressive room sizes and incredible location make this home an unparalleled mountain living experience.

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

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.

Last updated: Nov 21, 2024 12:26 pm

Listing agent: Bethany Latzko (303) 999-5404

Listing provided courtesy of: Fry Properties (303) 433-0711

Details provided by RECO and may not match the public record.
MLS ID: #8934614

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