7380 Sugarloaf Ter, Fountain, CO 80817
4 beds · 2 baths · sqft sqft
Don't Wait To See This Home!!!! This one won't last long! Wonderfully updated home in great location!! Enter this beautiful and welcoming home to an open floorplan with all of the extras!! Enter the living room that flows into the updated cooks kitchen with all new appliances in 2024 and beautiful granite countertops! Kitchen opens up to the wonderful family room, great for relaxing and entertaining. From the family room, step out to the backyard with fire pit, shed, no maintenance turf ground covering and newer fencing. Great yard for pets, kids and additional entertaining space. The upstairs space features 3 bedrooms, brand new carpet and an updated full bath. Lower level from the kitchen features an additional family room with fireplace, bedroom and 3/4 bath with laundry. New Renewal by Anderson windows, luxury vinyl flooring, new kitchen appliances 2024, furnace and A/C 2020, waterheater 2021, roof 2018, humidifier and radon mitigation system completes all of the new upgrades which makes this a move in ready, no worry home!!! Backyard has extended concrete patio with built in firepit and a nice professionally installed artificial turf.
Source: PPMLS #9055906
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #9055906
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: #9055906
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.