6831 Conifer Ridge Dr, Colorado Springs, CO 80923
5 beds · 3 baths · 3,307 sqft sqft
Welcome to your dream home! Nestled in serene Ridgeview at Stetson Hills neighborhood, this beautifully maintained ranch-style residence offers the perfect blend of comfort and elegance. The property boasts five generously sized bedrooms and three bathrooms. As you step inside, you'll be greeted by an inviting open-concept layout that seamlessly connects the spacious living area to the modern kitchen. The entire home has new paint and carpet. The gourmet kitchen features sleek stainless steel appliances, granite countertops, an island and 42-inch cabinetry with pullouts, and a panty system. The primary suite offers an en-suite 5-piece bathroom and walk-in closet. Each room is designed with comfort in mind, providing a peaceful retreat at the end of the day. A fully finished basement offers a spacious second family room with a built-in entertainment center, bedrooms, and two additional flex rooms to utilize as you please. Step outside to discover your private oasis, complete with a landscaped patio area with a pergola perfect for entertaining or relaxing in the evening under the stars or enjoying the Pikes Peak Views during the day. Additional features include central AC, a dedicated laundry room, a two-car garage, a sprinkler system, a humidifier, and a sump pump just to name a few. The property's location offers amazing convenience. The Ridgeview Elementry and the Jared Jensen Park are located behind the property within minutes of walking distance. Other District 49 schools, daycare centers, shops, and restaurants along with the Powers corridor are located within a few miles of the neighborhood. Peterson Space Force base is also located just eight miles away. Don’t miss the opportunity to make this lovely property your new home. Schedule a viewing today and experience the warmth and charm of this home.
Source: PPMLS #2085984
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #2085984
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: #2085984
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.