7913 Morton Dr, Fountain, CO 80817
4 beds · 3 baths · 2,378 sqft sqft
Welcome to this charming ranch-style residence that offers an exceptional blend of comfort and convenience in the heart of the Mesa Ridge subdivision. This home is a true gem, ready for you to move in and start creating memories. Step inside to find a spacious living room with vaulted ceilings, creating an open and airy atmosphere. The dining area and kitchen are designed for both style and functionality, featuring hardwood flooring, granite countertops, stainless steel appliances along with a convenient pantry. The primary suite, located on the main level, offers a tranquil retreat with vaulted ceilings, a walk-in closet, and a wonderful attached five-piece bath. An additional bedroom on the main level provides flexibility, making it ideal for use as an office or guest room. The finished basement expands your living space, including a large family room, two additional bedrooms, both with walk-in closets & a full-size bath. Adding to your comfort & convenience, during 2022, a new HVAC System, Water Heater & AC unit were installed. As for the outside, check out the spacious backyard that awaits your personal touch. The concrete patio is perfect for outdoor furniture, making it an ideal spot for relaxing and entertaining. With ample room to design and customize, this backyard offers endless possibilities for creating your own outdoor living space. Bring your vision to life and transform this blank canvas into the perfect extension of your home. Situated close to Cross Creek Park, military bases, shopping, dining, and more, this home offers the perfect blend of comfort and accessibility. Don't miss the opportunity to make this awesome property your own!
Source: PPMLS #3148523
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #3148523
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: #3148523
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.