5376 Sunday Gulch Dr, Colorado Springs, CO 80925
4 beds · 4 baths · 2,954 sqft sqft
Better than new stunning 4 bedroom home in sought after area. This beautiful floor plan features main level flex room with a pocket office right off the entryway. The open-concept layout seamlessly connects the living room, dining area and kitchen. As you step inside, the cozy living room boasts a stone gas fireplace perfect for Colorado winters as well as tons of natural light. It effortlessly connects to a unique dog bedroom, designed with your furry friend in mind. The exceptional kitchen is designed for convenience complete with a large walk in pantry with custom cabinets, an enormous island that serves as the focal point, perfect for meal prep and casual dining. It also offers stainless steel appliances and quartz countertops. With ample seating and space for gatherings, it seamlessly blends functionality and style making it a chef’s dream. The upstairs primary bedroom includes an en-suite bathroom with double vanities, glass enclosed walk-in shower and built in make up vanity. Quartz countertop throughout including all the bathrooms. Oversized loft upstairs that will make a perfect game room or play room. The fully finished basement offers a fantastic setting for entertaining guests and features an adjacent bedroom and full bathroom. Additionally, the basement includes a generous storage room. Fully landscaped and fenced in backyard with extended patio space will be perfect for relaxing. To top it off the 3 car garage provides ample room for vehicles and storage, it offers practicality and convenience for all your needs. This amazing home also features air conditioning, tankless water heater and water softener system. Close to Fort Carson, Schriever SFB and Peterson Military Base. No HOA!
Source: PPMLS #3818389
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #3818389
Source: Public records
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: #3818389
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.