8790 Silver Glen Dr, Fountain, CO 80817
3 beds · 3 baths · 1,382 sqft
*** Assumable loan*** Professionally designed and impeccably remodeled, this beautifully updated home reflects thoughtful craftsmanship and intentional functionality throughout. Every update, completed with permits, elevates the home's aesthetic appeal and efficiency. The inviting exterior draws you in, and the sense of community in the neighborhood makes you feel right at home. The xeriscaped yard and classic front porch offer a warm welcome, and inside, the home feels expansive, yet light. Extensive remodeling has enhanced the flow of the home, creating spaces perfect for gathering. The open-concept living and dining area features new durable luxury vinyl plank (LVP) flooring, while a charming bay window in the dining nook fills the room with natural light—ideal for a cozy home office, if desired. The fully remodeled lower-level kitchen is a chef’s dream with full-height solid cabinets, an oversized lazy Susan, fully extending drawers, pull-out trash, a full-height pantry, and a central island. From here, step out onto the private backyard deck and patio, perfect for outdoor dining and entertaining. Upstairs, you'll find three roomy bedrooms, with the primary suite featuring dual closets and a beautifully updated full bath. Recent updates include new LVP flooring, fresh paint, new lighting fixtures, and smart home features like a thermostat and reverse osmosis system—all done within the last year. The home also boasts remodeled bathrooms, new carpet, surround sound system, and overhead storage added to the garage, making it completely move-in ready. Furniture and artwork is negotiable! The unfinished basement can be a future site for a secondary living space or an additional bed and bath, if desired. Located close to the Fountain Creek Nature Center, this home offers the perfect blend of comfort, convenience, and style. Welcome home!
Source: PPMLS #7001788
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #7001788
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: #7001788
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.