6149 Ashmore Ln, Colorado Springs, CO 80927
3 beds · 3 baths · 2,220 sqft
This beautiful home in desirable Banning Lewis Ranch is now available and ready for you! The St. Julien floor plan of Oakwood Homes boasts tons of space and sunlight on each level with a family room, living room, 3 bedrooms, 2.5 baths, and 3-car tandem garage with 2 remotes. Plenty of space! With a spacious front porch, deck off the dining area, the upgraded LARGE wrap-around deck, and a backyard - there is plenty of outdoor space to enjoy beautiful Colorado! Upgraded dual sliders leading to the large deck, upgraded black stainless steel appliances, gourmet granite counters and huge island/breakfast bar to entertain, black composite sink, subway tile backsplash, massive double-door pantry, office w/desk space, extra large powder room, electric fireplace w/custom brick accents, stunning engineered hardwood flooring throughout on this level, and upgraded lighting all on the second floor. Main level entry has connected garage access, family room space, tons of light, and walk-out to the backyard. Top floor has your laundry area (w/window, folding table, & washer/dryer staying), primary bedroom w/ensuite, dual vanity, and walk-in closet, plus 2 more bedrooms w/one having large walk-in closet & window. This loved home has so many more items to mention: A/C, Ring security system, fenced backyard w/low maintenance landscaping, upgraded lighting & ceiling fans throughout, window treatments and blinds throughout, HERS rated, all the trails and parks to explore, not counting all the amenities that Banning Lewis Ranch has to offer! Go swimming or play at the water park, tennis, or doggie fun at the dog park, community gardens and even pickleball courts! So close to Powers corridor, plenty of shopping and entertainment, and more! Schedule your showing today or please reach out if you have questions on this property.
Source: PPMLS #5853451
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #5853451
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: #5853451
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