812 Maple Dr, Colorado Springs, CO 80911
3 beds · 2 baths · 1,806 sqft sqft
A charming and inviting home in the heart of 80911! This delightful property boasts a fresh exterior and interior paint job, showcasing its modern updates alongside timeless character. With a newer roof and new flooring throughout, this home is truly move-in ready. Step inside to find a spacious entryway that welcomes you with a beautifully crafted front door. The kitchen and bathrooms have been thoughtfully remodeled, featuring stunning tile work that adds a touch of elegance. The heart of the home is the inviting kitchen, features gorgeous tile work, ample cabinetry, and modern appliances, providing both functionality and style. Whether you’re preparing a gourmet meal or enjoying a casual breakfast, this kitchen is sure to impress. One of the standout features of this home is the unique double-sided wood-burning fireplace, strategically positioned between the kitchen and living room. This cozy focal point not only provides warmth but also adds to the home’s charm, complemented by a small breakfast bar that creates an inviting atmosphere for casual meals or gatherings. The master bedroom is generously sized and includes a private 3/4 bath, offering a peaceful retreat at the end of the day. Additionally, there’s a versatile bonus room that can serve as a family room or be converted into a fourth bedroom, providing flexible living space to suit your needs. Step outside to discover a terrific covered patio, ideal for entertaining or enjoying a quiet evening. The yard boasts a lovely view of Cheyenne Mountain, adding a picturesque backdrop to your outdoor space. With its combination of modern updates and classic charm, this home is a fantastic opportunity for anyone looking to settle in a vibrant neighborhood. Don't miss your chance to make this lovely house your new home!
Source: PPMLS #1956682
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #1956682
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: #1956682
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.