740 INDIGO ST, Brighton, CO 80603
Welcome to your dream home in the heart of the coveted Silver Peaks neighborhood! This stunning 4-bedroom, 3-bath residence offers a blend of modern elegance and comfortable living, perfect for those who appreciate the finer things in life. Step inside to an open floor plan that exudes warmth and sophistication. The spacious living area, flooded with natural light, is perfect for both relaxed evenings and vibrant gatherings. The large island in the kitchen serves as the centerpiece for culinary adventures, offering ample space for meal prep and casual dining. Each of the four large, airy bedrooms provides a serene retreat. The primary suite is a true oasis, featuring a luxurious shower that promises to melt away the stresses of the day. With abundant storage throughout, including a walk-in closet, and pantry there’s a place for everything, making it easy to keep your home clutter-free. Need a dedicated space to work from home? The separate office area is perfect for those who need a quiet, focused environment. A versatile loft area offers additional space for a playroom, media room, or even a cozy reading nook. This home is designed to adapt to your lifestyle, whatever your needs may be. Imagine summer barbecues and evening cocktails on the spacious patio overlooking the expansive yard. This outdoor area is an entertainer's dream, offering plenty of space for play, pets to roam, and guests to mingle. The seamless indoor-outdoor flow makes this home ideal for hosting large gatherings or enjoying intimate family moments under the stars. With a 2-car garage, you’ll have plenty of room for vehicles and additional storage. Living here means enjoying the perfect balance of tranquility and convenience. Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer rely upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers.
You may be able to put down less than the total down payment amount of $162,719 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #9183338
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.