9126 Pacific Crest Dr, Colorado Springs, CO 80927
3 beds · 3 baths · 2,255 sqft sqft
Beautiful 3-bedroom, 2-bathroom home located in the highly sought-after Banning Lewis Ranch that backs to open space! It's situated on one of the largest lots in the area, within walking distance to award-winning schools, parks, splash pads, pools, fitness center, clubhouse, and more. This home features a spacious landscaped yard, upgraded lighting, a neutral color scheme, and an oversized 3-car garage with room for a shop or ample storage. The gourmet kitchen boasts cherry cabinets with crown molding, granite countertops, SS appliances including a double oven, a large center island, and a pantry for additional storage. The kitchen opens to a large great room filled with natural light and sliding glass doors, seamlessly blending indoor/outdoor living as you walk-out to the deck to enjoy fabulous views. Head upstairs to the primary bedroom featuring a private ensuite bath with dual vanities, an oversized custom shower, and a walk-in closet. There are 2 additional good sized bedrooms, a bonus room - perfect for a home office, media room, or workout space, and a convenient laundry room. The unfinished walk-out basement allows you to customize it to your liking. Easy access to the Powers corridor, shopping, restaurants, entertainment, and just minutes away from St. Francis Medical Center. HERS energy rated home. This home is a must see!!
Source: PPMLS #4420952
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #4420952
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: #4420952
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