7548 Bigtooth Maple Dr, Colorado Springs, CO 80925
5 beds · 3 baths · 3,207 sqft
This stunning Hudson Model, built by Windsor Ridge is a 5 bedroom, 2.5 bath, 3car tandem home with incredible views of the Pikes Peak Mountain Range. This well maintained home offers modern amenities in a charming neighborhood. The entry features tiled flooring, a bonus room to suite your needs such as an office, formal dining, play area or reading nook, a 1/2 bath & a large coat closet. The gorgeous archway leads you into the spacious Kitchen/Dining/LR area, a true heart of the home great room with the warmth of dark laminate wood flooring. The kitchen is a chef's dream & features tons of granite counter space, including an island with pendant lighting, stainless appliances, a beverage cooler & corner pantry. The dining area can easily accommodate a large dining table w/chairs, & even a hutch if needed. The unobstructed views just outside the slider walkout are simply amazing---can you picture watching the Colorado Sunsets sitting on the deck after a delicious meal? The living room area features large picture windows which bring in tons of natural light & the stoned gas fireplace is perfect for those cozy winter evenings. Upstairs you'll find a loft area leading to each of the 4 bedrooms, full bath & laundry room-also with a window! The Large Primary Bedroom retreat with views & ceiling fan includes french doors, an onsuite 5 piece luxery bathroom & large walk in closet. The guest bedrooms are also spacious w/plenty of closet space. The finished walk out basement features a very large family room area, another good sized bedroom & utility room/storage area. This beautiful home includes a 3 car tandem garage, radon system, sump pump & A/C. Tour the photos, book your showing, send in your offer and lets make your dream of homeownership in this beautiful home a reality!! With easy access to our local military installations, schools, shopping, & airport--this home is truly the ideal home!
Source: PPMLS #3729023
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #3729023
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 30-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: #3729023
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