7864 Tuttle Vw, Colorado Springs, CO 80924
3 beds · 3 baths · sqft
In the serene and desirable Cumbre Vista community, this property offers the perfect blend of comfort, convenience, and breathtaking natural beauty. This spacious 3-bedroom, 3-bathroom townhouse, built by the renowned Challenger Homes, provides an inviting space for both relaxation and entertaining. As you enter, you'll be greeted by an open floor plan with abundant natural light and modern finishes throughout This home is ideally located in one of Colorado Springs' most sought-after areas, putting you just minutes from Woodmen Road and Powers Boulevard—two of the city's major thoroughfares that offer easy access to a wide range of dining, shopping, and entertainment options. The property is positioned right on the edge of District 49 and District 20 school boundaries, making it an excellent choice for families with school-age children. Both districts are known for their high-quality education and community involvement, giving you peace of mind that your children will be in great hands. Once you enter this beautiful property you will be immediately greeted with a spacious open concept that makes entertaining easier than ever. With the Kitchen in close proximity meals with family and friends will be enjoyed as long as you call this wonderful place HOME. The Cumbre Vista community offers a welcoming and tranquil atmosphere, perfect for those seeking a peaceful neighborhood setting without sacrificing convenience. You’ll find that this location is ideal for outdoor enthusiasts as well, with numerous parks, walking trails, and recreational opportunities nearby The Upstairs is where you will find all of the bedrooms for the home with the Primary Bedroom located at the end of the hall. This room is meant for those who enjoy the finer things in life as the en-suite allows you to create space for rest and relaxation. Whether you’re relaxing in your spacious home or taking in the stunning views, this is a home you don't want to miss!
Source: RECO #6793234
Interest rate and monthly payment estimated based on public records.
Source: RECO #6793234
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: #6793234
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