6421 Black Sand Vw, Colorado Springs, CO 80923
3 beds · 3 baths · 1,625 sqft
Welcome to this townhome in the sought-after Ridgeview at Stetson Hills community of Colorado Springs. This beautifully maintained residence perfectly blends modern amenities and serene living. As you enter this inviting townhome, you’re greeted by a bright, airy open floor plan that seamlessly combines style and functionality. The spacious living room is adorned with vinyl plank flooring. Large windows bathe the space in natural light, enhancing the home's cheerful ambiance. The kitchen features black appliances, elegant granite countertops, and ample cabinet space. A Breakfast Bar serves as a central gathering spot, ideal for meal preparation or casual dining. The adjacent dining area opens up to the Living room. The townhome boasts three well-appointed bedrooms, including a master suite that serves as a personal retreat. The master bedroom features a spacious walk-in closet and an en-suite bathroom with dual sinks, and a relaxing tub/shower. The additional bedrooms are thoughtfully designed, providing comfort and flexibility for guests, or a home office. Additional highlights of this residence include a convenient main laundry space and an attached two-car garage. The Ridgeview at Stetson Hills community offers amenities such as open grassy areas, and easy access to local shops, schools, and dining options. Not just a townhome; it's a lifestyle opportunity. Experience the comfort, convenience, and charm of this exceptional property—make it your new home today!
Source: PPMLS #7850121
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #7850121
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: #7850121
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.