8145 De Anza Peak Trl, Colorado Springs, CO 80924
5 beds · 4 baths · 3,346 sqft
This gorgeous five bedroom, four bathroom home boasts a spacious 3,388-square-feet of living space. The primary bedroom is generously sized and features an ensuite bathroom. The additional bedroom on the main level is warm and inviting, and the remaining three bedrooms located in the basement are of generous size and offer ample closet space. This home has a modern and open floor plan, with plenty of natural light throughout. The kitchen is equipped with stainless steel appliances and quartz countertops, making it perfect for cooking and entertaining. Featuring a large, tiled covered patio, it's perfect for outdoor activities and relaxation. The location is ideally located in Academy District 20, with easy access to major roads and close proximity to shopping and dining options. Meticulously maintained and loaded with updates such as beautiful professional landscaping with artificial turf in front and rear yards, solar panels, Tesla level two charger and home battery, flaked epoxy garage floor and custom shelving, ceramic tile on rear patio, newer class four shingle roof with warranty, new gutters and more! This home is move-in ready and waiting for you to enjoy it.
Source: PPMLS #5588411
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #5588411
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: #5588411
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.