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$579,999 $SIGNIN

Sign in to see required down payment for the 5.62% rate

5698 S Quatar Ct, Centennial, CO 80015

3 beds · 3 baths · 2,540 sqft

Step into a truly exceptional home in the sought-after Highland Pointe Subdivision. As you enter, you're greeted by soaring ceilings, ample natural light and beautiful hardwood flooring that flows throughout the main areas, creating a warm and inviting ambiance. The dining room opens to a vast backyard through charming French doors, offering endless possibilities for outdoor entertainment, gardening, or relaxation. Upstairs, all bedrooms are thoughtfully located, including a lovely primary suite with its own set of French doors, a private ensuite bath, and a convenient laundry chute leading directly to the main-level laundry room. The cozy loft overlooks the grand entryway, adding a touch of architectural flair to this exceptional home. The fully finished basement offers brand new carpeting and egress windows, making it an ideal space for a media room, home gym, or guest suite. It’s also stubbed and ready for a bathroom addition, adding future flexibility to the space. This amazing property sits on a spacious 0.24-acre corner lot with lush greenery and offers the ultimate convenience with its close proximity to the Southlands Shopping Center—Aurora’s premier destination for dining, shopping, and entertainment. Convenient access to major highways, I-225 is about 15–20 minutes away, connecting you to the Denver Tech Center (DTC) and the broader Denver metro area. Additionally, E-470, a major toll road encircling the southeastern metro, is only a short drive from the property. This toll road provides easy routes to Denver International Airport (DIA) and various other Denver suburbs. This Highland Pointe gem truly has it all—sophisticated style, functionality, and a prime location near all the amenities. Don’t miss the opportunity to make this beautiful home yours!

Estimated
Seller's interest rate
5.62%
7%
Estimated
Principal & interest
$3,327/mo.
$3,822
You may also save up to $165,969 in total interest paid.

Send questions to support@withroam.com

Why Roam


Lower rates and lower down payments

The only homebuying option for you to put 5% down and get a 5% rate.

Closing guarantee

We can close in 45 days or we’ll pay the seller’s mortgage until we close.

Offer acceptance

95% of offers accepted when made with Roam. 5% accepted without.

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is $SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $3,327 monthly payment

Financed
$SIGNIN
Location
Use two fingers to move the map
Loan details
Remaining term
27 yrs and 11 mos
Loan type
FHA
Rate
5.62%
Monthly P&I
$3,327
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

Home details
Size
2,500 sqft
Lot size
0.24 acres
Year built
1997
Type
Single Family Residence
HOA dues
$37.00

Source: RECO #6690675

Qualify

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.

Resources
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?

expand content

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.

View all FAQs
Last updated: Apr 09, 2025 06:18 pm
Listing agent: Becky Torres
Listing provided courtesy of: HomeSmart (303) 858-8100
Details provided by RECO and may not match the public record.
MLS ID: #6690675
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