7547 Quiet Pond Pl, Colorado Springs, CO 80923
6 beds · 3 baths · 3,358 sqft
Welcome to 7547 Quiet Pond Place—where comfort, style, and convenience meet. As you step inside, you’re greeted by a bright and inviting dining area, perfect for hosting family meals or entertaining guests. The open floor plan seamlessly flows into the spacious gourmet kitchen, featuring sleek countertops, modern cabinetry, and a large island ideal for meal prep or casual gatherings. The main floor primary bedroom is a true retreat, offering generous space, and a large en-suite 5 piece bathroom—your own private sanctuary. The expansive basement offers endless possibilities, featuring a spacious bedroom currently utilized as a home gym and a fully renovated bathroom that adds a sleek, modern touch, while the newer flooring throughout creates a fresh, cohesive ambiance. Outside, the lovely backyard provides a peaceful outdoor oasis, ideal for relaxing or entertaining. Car enthusiasts will appreciate the EV charger in the garage. The updated HVAC system ensures year-round comfort. The serene neighborhood offers easy access to top-rated schools, the Shoppes at Indigo Ranch, and the scenic Snowy River Park. This home truly has it all—don’t miss your chance to make it yours!
Source: PPMLS #2646889
Source: PPMLS #2646889
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.