6184 Armdale Hts, Colorado Springs, CO 80927
3 beds · 3 baths · 2,966 sqft
Experience the pinnacle of luxury in this captivating, better-than-new ranch-style home, elegantly situated in the prestigious neighborhood of "The Retreat." Impeccably maintained, w/seamless blends of sophistication & comfort, showcased through a flowing open floor plan & exquisite designer upgrades throughout. Soaring ceilings, expansive windows, rich luxury vinyl flooring, this residence offers an ambiance both grand & welcoming. 8' doors, stunning walls of windows flood the interiors w/natural light, enhancing the home's refined elegance. Entryway leads to versatile main-level bedroom or office, complete w/an adjacent full bathroom for added convenience. Gourmet chef’s kitchen shines w/quartz countertops, 42" crown-molded cabinetry w/lighting, pantry, high-end stainless steel appliances, including Bosch counter depth fridge, JennAir 3-level dishwasher, KitchenAid (oven, microwave, gas cooktop). Anchored by a spacious island, flows into a charming dining area that opens onto an extended covered composite deck w/gas hookup, perfect for seamless indoor-outdoor entertaining. Owner’s suite is a sanctuary, complete w/coffered ceiling, integrated lighting, & an ensuite featuring walk-in shower w/floor-to-ceiling tile, glass door, bench, & handheld water wand. Main level also includes well-appointed laundry room, powered blinds in foyer/bedroom, stunning Great Room centered around stacked-stone gas fireplace w/blower, creating a warm & inviting atmosphere. Finished basement enhances the home’s versatility, featuring an additional bedroom, craft area in closet space, ample storage, reading nook, game room, expansive recreation area w/wet bar, & dedicated TV/theater viewing setup. Furnace has April Air humidifier. Located in an exclusive 55+ gated community, this residence offers more than just luxury—it fosters a lifestyle enriched w/amenities, from a state-of-the-art workout room & sports courts to an infinity pool, scenic trails, & countless ways to relax & connect.
Source: PPMLS #4000725
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #4000725
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: #4000725
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.