8432 Snowdrop Ct, Fountain, CO 80817
3 beds · 3 baths · 1,746 sqft
Get a free consultation call with an expert in the mortgage assumption process.
***See the Amazing Video of this home at the Virtual Tour Link under Facts and Features.*** Beautifully maintained home situated on a spacious cul-de-sac lot in Fountain, CO. Features an open-concept floorplan and a garden-level basement that allows for abundant natural light. Step inside to find central air conditioning for year-round comfort, new light fixtures, and blinds included throughout. The kitchen features a split oven range, perfect for cooking at dual temperatures. The primary suite boasts two closets, including a walk-in closet for ample storage. The lower level offers a walk-out to a huge patio, ideal for entertaining or relaxing. The composite front porch adds to the home's curb appeal, and the fenced back yard includes a double gate, allowing for RV, boat, or additional parking on the oversized lot. A standout feature is the huge laundry room, complete with a washer, dryer, sink, and extra cabinetry for storage and a large window for natural light. The 3-car garage and large driveway provide even more parking options. Located just minutes from Fort Carson, this home is a must-see for those seeking space and functionality in a growing and desirable location!
Source: PPMLS #2984623
Source: PPMLS #2984623
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.