VA loan
1 of 36
VA loan
$399,000

62 Rabbit Ears Ct, Livermore, CO 80536

3 beds · 2 baths · 1,643 sqft

Unbelievable views and stocked fishing ponds! Your dream to own a mountain home in the desired community of Glacier View Meadows awaits! Built in 2019, this 3-bed, 2-bath, 1,640 square foot home, is sitting on 2.4 beautiful acres, surrounded by 360-degree stunning views of the rolling hills and mountains. This home is full of natural light, from it's 9 ft. ceilings, open floor plan, and abundance of windows, there are amazing mountain views from all sides of the home. You won't ever miss a Colorado sunrise or sunset! It is the perfect place for entertaining. The gourmet kitchen offers a large center island, gorgeous knotty pine cabinetry and a gas range/hood. The large primary bedroom is complete with a great size 5-piece bathroom, that includes a double vanity, oversized shower, and large soaking tub. Step out of the dining room to an inviting covered deck to sip your morning coffee and take in the breathtaking views. Sit back and unwind near the outdoor stone fire pit for cozy evenings under the stars. The beauty of this home goes beyond the interior improvements and is enhanced by the beauty of the great outdoors. This property offers some of the best technology for rural mountain living. Starlink high-speed internet, SimpliSafe Security System, and a commercial grade multi-carrier cell signal booster will aid in keeping you connected. This home includes an energy efficient solar system! Enjoy mountain living, private lakes for fishing and lots of hiking trails. Glacier View Meadows is located near the Arapaho/Roosevelt National Forest along the Front Range of the Colorado Rockies, northwest of Fort Collins! Come and check out this amazing property for yourself!

Interest rate 3
2.75%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,459
With Roam
$2,281
Reduce your monthly payments by $822 when you assume this mortgage.
You also save $262,345 in total interest paid.

$69,017
Edit

You may be able to put down less than the total down payment amount of $69,017 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

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.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Price per sq ft
$295
Lot size
4.5 acres
Year built
2019
Type
Single Family Residence

Source: RECO #IR1016637

Loan
Remaining term
26 years, 7 months
Rate
2.75%
Monthly P&I
$1,459
Remaining loan balance
$329,982

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?

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.

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Last updated: Nov 23, 2024 12:38 am
Listing agent: The Sledge Team (970) 222-9120
Listing provided courtesy of: Group Harmony (970) 229-0700
Details provided by RECO and may not match the public record.
MLS ID: #IR1016637
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Everystate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
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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.
$1,459/mo
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