850 Quarterhorse Trl, Castle Rock, CO 80104
5 beds · 4 baths · sqft
Welcome to your new home in the highly sought-after Metlzer Ranch community of Castle Rock, CO! This spacious residence offers an impressive 3,150 square feet of thoughtfully designed living space, featuring 5 spacious bedrooms and 4 bathrooms. As you enter, you are greeted by fresh paint and new carpet that create a warm and inviting atmosphere throughout. The main floor boasts a dedicated space for an office, perfect for remote work or study, while the two open-concept living areas are ideal for entertaining guests. The sizable kitchen has ample counter space and includes a butcher block counter, a center island, two dishwashers, and flows seamlessly into the dining area and is perfect for hosting the whole family. As you head upstairs you will find a true retreat with a very private primary suite on its own level, complete with a 5 piece en suite bathroom and walk-in closet. Up another level, you will find 3 more bedrooms that will meet any needs of a growing family. In addition, the finished basement adds even more versatility featuring a 5th conforming bedroom with an egress window and a fourth bathroom with a shower, making it perfect for guests. This home has recently had all of the big ticket items taken care of with a new roof and gutters in 2024 and a new furnace, air conditioner, and water heater all within the last few years. As you step outside you will find your private backyard oasis as this home backs to a quiet greenbelt. With a 3-car garage for all your toys and storage needs, this property is a perfect blend of comfort and functionality. Located just moments from shopping at the outlet stores, historic downtown Castle Rock, I-25, and the beautiful Metzler Community Park, this home provides both convenience and access to outdoor activities. It is easy access to both Denver and Colorado Springs as well. It is ready for quick possession you do not want to miss the chance to make this remarkable home your own. Hurry, schedule your showing today!
Source: RECO #6577402
Interest rate and monthly payment estimated based on public records.
Source: RECO #6577402
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: #6577402
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