7332 Sandy Springs Pt, Fountain, CO 80817
3 beds · 3 baths · 1,625 sqft sqft
Welcome Home to this meticulously maintained corner townhouse in the Heights of Cross Creek. Entering this home, you will find beautiful LVP flooring throughout the first floor and custom wood blinds throughout the entirety of the property. The well lit entryway opens into the living room/dining room combo with a half wall connecting to the galley style kitchen complete with all the kitchen amenities one could ask for. Garage entry is to the rear of the kitchen opening into a spacious finished garage complete with shelving and 20 AMP service. A half bath and laundry space round out the first floor. Heading up stairs, the landing opens up with numerous windows providing natural light before entering the first of three bedrooms. You will find carpet throughout the upper level with a spare room in the front of the property as large as the primary bedroom at the back of the property. A second spare room houses a nursery currently, but provides ample space for a traditional bedroom or office. These two bedrooms have hallway access to a full bath. The primary bedroom is the final room on the upper level with its own en suite bath and large walk-in closet. HO6 insurance is included in the HOA cost as well as all of the grounds upkeep outside of the property and trash service. This home is only minutes away from shopping, schools, a fire station, and quick access to both Fort Carson and Peterson Space Force Base. Scoop this property up before it flies off of the market!
Source: PPMLS #5070823
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #5070823
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: #5070823
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.