Limited time: Pay only $1,000 to assume a low rate mortgage when you sign a purchase contract between 12/11/24 and 1/10/25 *
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$720,000

5422 Dtc Pkwy, Greenwood Village, CO 80111

3 beds · 4 baths · sqft

Did you miss your chance to buy when rates were at their lowest? Here’s your chance to rewrite your homeownership story with a rare opportunity to secure an assumable 2.7% mortgage. Nestled in the prestigious Georgetown townhomes, 5422 DTC Parkway brings together sophisticated style and unmatched financial value. Step inside to find soaring ceilings and rich hardwood floors that create an expansive, open feel. The kitchen is a standout—centered around a sleek island with plenty of space to entertain, and a breakfast nook that opens to a private balcony. The main living space flows seamlessly, anchored by a cozy gas fireplace, ideal for unwinding after a day exploring the area’s top restaurants and nightlife. Upstairs, the primary suite is your personal retreat, featuring custom California closets and a luxurious five-piece bath. Each of the three bedrooms offers comfort and privacy, with en suite baths designed to accommodate guests with ease. Outside, a rooftop patio awaits—perfect for sunset gatherings or quiet mornings with a view. The home also boasts an oversized, finished two-car garage with room for storage, providing ample space for gear and hobbies. If you’re looking to start or expand your investment portfolio, this property is an excellent first step. The current tenant is interested in extending their lease beyond its expiration on December 1, 2024, ensuring you have a steady rental income right from the start. Opportunities like this don’t come often—an exceptional home, a historic rate, and a value that speaks for itself. Don’t miss your chance to make 5422 DTC Parkway yours

Estimated
Seller's interest rate
2.67%
7%
Estimated
Principal & interest
$2,241/mo.
$3,514
You may also save up to $398,527 in total interest paid.
Listing price
$720,000

Your cash down payment
$215,067
Seller’s estimated current equity is $215,067
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with a 2nd mortgage.
Estimated $2,241 monthly payment

Financed
$504,932
Assumed mortgage 2.67% • Seller's rate
$504,932
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Year built
2007
Type
Townhouse

Source: RECO #8911801

Loan
Remaining term
26 years, 1 month
Rate
2.67%
Monthly P&I
$2,241
Remaining loan balance
$504,932

Source: Public records

How it works

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

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Dec 21, 2024 12:31 pm
Listing agent: Mitchell Kelln (310) 365-9139
Listing provided courtesy of: The Agency - Denver (720) 441-2961
Details provided by RECO and may not match the public record.
MLS ID: #8911801
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Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$2,241/mo
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