5639 Cardinal Flower Ct, Fort Collins, CO 80528
4 beds · 4 baths · 2,876 sqft
Nestled in the picturesque community of Fossil Lake Ranch, this meticulously crafted 2010 semi-custom home stands as a testament to modern elegance and timeless charm. Situated strategically between the vibrant locales of Loveland and Fort Collins, and with the convenient proximity of I-25 just 2 miles away, residents are afforded unparalleled access to a myriad of amenities and attractions. Step inside this sanctuary of sophistication to discover a haven where every detail has been carefully curated to elevate the living experience. The focal point of indulgence lies within the spa-like primary bathroom, boasting a luxurious volcanic limestone tub that beckons you to unwind and rejuvenate after a long day. Furthermore, the residence's enviable location places it in close proximity to the serene beauty of Twin Silo and Radiant Parks, offering boundless opportunities for outdoor recreation and relaxation right at your doorstep. The essence of contemporary luxury permeates throughout the home, with sleek matte black plumbing and lighting fixtures adding a touch of modern allure to the living spaces. Additionally, the community's homeowners' association provides an array of amenities, including a refreshing pool, play area, and a welcoming clubhouse, fostering a sense of community and camaraderie among residents. Embrace the future of sustainable living with smart features such as an Ecobee thermostat and a fully-owned solar system, ensuring both efficiency and environmental responsibility. Dual EV chargers can be programmed to charge with the panels only or during off peak hours. This home generated more power than it consumed in 2023! With its inviting living spaces and serene outdoor retreats, this home transcends the ordinary—it's a sanctuary where cherished memories are waiting to be created. Welcome to Fossil Lake Ranch, where luxury, convenience, and unparalleled beauty converge to offer you the lifestyle you've always dreamed of.
Source: RECO #9318321
Interest rate and monthly payment estimated based on public records.
Source: RECO #9318321
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 30-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: #9318321
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