7692 Wichita Ridge Pt, Colorado Springs, CO 80923
4 beds · 3 baths · 2,622 sqft
Welcome to luxury living at its finest in the prestigious Carriages at Indigo Ranch! This exceptional ranch-style townhouse offers 2,690 square feet of exquisite design and comfort, making it the perfect place to call home with a BRAND NEW ROOF! Step through the door and be greeted by the elegance of hardwood floors and the plush comfort of carpeting throughout. The open floor plan creates a seamless flow from the spacious living room, complete with a cozy fireplace, to the gourmet kitchen equipped with modern appliances and a convenient island for effortless entertaining. With four bedrooms, including two on the main level, and three bathrooms, there's plenty of room for family and guests to feel right at home. The master suite boasts a private en-suite bath, providing a serene retreat after a long day. Outside, a composite deck beckons you to enjoy the beautiful Colorado scenery and fresh air. And with a 2-car attached garage and a large basement, there's no shortage of storage or potential for additional living space. Conveniently located near District 49 schools, Penrose hospital, and a fire station, as well as a park, this property offers the perfect blend of convenience and luxury living. Plus, with the HOA handling landscaping, snow removal, and trash removal, you can spend more time enjoying your new home and less time on chores. Don't miss out on the opportunity to experience the ultimate in ranch-style living. Schedule your showing today and discover the beauty and comfort of the Carriages at Indigo Ranch!
Source: PPMLS #2658407
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #2658407
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: #2658407
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.