8716 National Forest Dr, Beulah, CO 81023
4 beds · 3 baths · 3,900 sqft
PEACEFUL, PRIVATE, and ROOM TO ROAM! Take a look at this incredible 4BR/3BA 2-story on 35 acres in the gated community of Red Creek Ranch! First, the interior...the main level features a grand Living Room with stunning vault & beam ceiling, wood burning/raised hearth stone fireplace, and two walk-outs to the north and south decks. This room flows effortlessly into the Dining Area and the beautiful gourmet Kitchen with granite countertops, custom cabinetry, a center island with prep sink, and a counter bar. You'll love the spacious Master Retreat with it's gas fireplace, ensuite bath, walk-in closest, and private access to the deck! A Laundry Room with utility sink and a half Bath complete this level. Upstairs you'll find three large Bedrooms, each with walk-in closets, and a full Bath. The huge unfinished basement holds endless possibilities and is waiting on your expansions ideas and plans! This home also has dual climate controls! Now, to the exterior...35 acres surround this home with a private, spring-fed lake that covers nearly an acre of land--great for kayaking and paddleboarding! This water feature attracts a variety of wildlife, including deer, elk, and a heron! Want more? How about Hunting GMU 84; and a lakeside RV hookup offering a great option for camping! You'll appreciate the abundance of exploring to do on the trails and through the canyons with rock formations & seasonal creeks! The property borderlines the San Isabel National Forest and has private access, allowing for thousands of additional acreage to wander! An accesselevator is included from the back deck to the upper level. Hardy Siding! The keypad gate access ensures privacy & security.Schedule a private showing to see everything this wonderful home and property have to offer!
Source: RECO #2008701
Interest rate and monthly payment estimated based on public records.
Source: RECO #2008701
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: #2008701
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