8390 Coyote Dr, Castle Pines, CO 80108
6 beds · 6 baths · 6,321 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in prestigious Hidden Pointe, this stunning 6-bedroom, 6-bathroom home offers over 6,400 square feet of luxurious living space on nearly half an acre. Tucked at the end of a peaceful cul-de-sac, this exceptional property boasts breathtaking mountain views and easy access to open spaces and trails. A grand two-story foyer and elegant double staircase set the stage for this beautiful home. The main level showcases newly refinished hardwood floors, a fireside great room, an updated kitchen with a butler's pantry, stainless steel appliances and freshly painted cabinetry. A formal dining room, breakfast area, living room, dedicated home office, and a main-floor guest suite with ensuite bath complete this level. Upstairs, the primary suite is a true retreat, featuring a sitting area, refreshment area with built-in beverage refrigerator, a spa-like five-piece bath with heated floors, and a spacious custom walk-in closet. Three additional bedrooms include two connected by a Jack & Jill bath and one with a private ensuite. A versatile loft with built-in bookcases provides additional living space. The fully finished basement offers two expansive recreation areas, a brand-new wet bar, a bonus room with French doors that could also serve as a bedroom, a gym, and a secure, built-in wine closet. Ample storage includes a secret door leading to additional space. The professionally landscaped backyard is a private oasis, complete with a tranquil water feature, a refinished pergola-covered deck with a porch swing, and lush greenery. Additional highlights include a brand new custom laundry/mudroom, new basement carpet, a whole-house humidifier, infrared furnace filter system, and blackout blinds in all bedrooms. Ideally located near open space and trails, this home is a short walk to Coyote Ridge Park with a playground, sports fields, basketball and pickleball courts, plus great community events. A rare Castle Pines gem blending luxury, comfort, and convenience.
Source: RECO #1923221
All values shown are estimated costs / mo.
Source: Public records
Source: RECO #1923221
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
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