7288 Berrybrook Ln, Colorado Springs, CO 80918
3 beds · 3 baths · 1,792 sqft sqft
Welcome to your stylish contemporary home, where low-maintenance living awaits! Located in award-winning Academy School District 20, and built in 2019 by Classic Homes, consistently voted the Best of the Springs home builder, this amazing home boasts modern design and convenience. As you step inside, the main level greets you by an open-concept layout highlighted by luxury vinyl plank flooring that flows throughout the living areas. The large upgraded windows flood the space with natural light, creating a warm and inviting atmosphere. The heart of this home is the expansive kitchen, complete with sleek granite countertops, a spacious island perfect for meal prep and casual dining, and plenty of cabinetry for all your storage needs. The adjoining living and dining areas provide an ideal space for entertaining, and lead out to the deck, where you'll enjoy panoramic mountain views, including Garden of the Gods! Retreat to the tranquil primary suite, featuring plush carpeting, an ensuite bathroom with granite finishes, a walk-in shower, and ample closet space. The additional upstairs bedroom is equally spacious and comfortable, guests or a home office. The lower level provides yet another room, which easily functions as an additional bedroom or flex space. Builder upgrades throughout! Enjoy the convenience of a two-car, fully insulated garage and low-maintenance exterior, giving you more time to relax and enjoy your beautiful surroundings. Direct access to Cottonwood Creek Park and YMCA from the neighborhood. Minutes away from shopping, entertainment, and restaurants, and convenient to I-25 and the Powers corridor via Woodmen Road. Under 15 minutes to USAFA, approximately 25 minutes to Peterson SFB, and approximately 35 minutes to Fort Carson. Approximately 50 minutes to the Denver Technology Center area. Don’t miss this opportunity to own a contemporary home that blends style, comfort, and functionality. Schedule a showing today!
Source: PPMLS #2609914
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #2609914
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: #2609914
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.