962 S Yates St, Denver, CO 80219
3 beds · 3 baths · 1,846 sqft sqft
This townhouse property offers a spacious living. It features a well-designed layout with multiple rooms and an attached garage. The property is located at 962 South Yates Street in Denver, CO 80219, offering convenience and easy access to nearby amenities. Inside, you'll find a bedroom with a lofted ceiling, a closet, and carpeted floors. The room is filled with natural light, creating a bright and inviting atmosphere. The bathroom is equipped with a vanity, toilet, and a tile shower. It features stylish tile patterned flooring, walls, and backsplash. The living room is a cozy space with light hardwood/wood-style flooring. It offers a sink and plenty of natural light, making it an ideal spot for relaxation and entertainment. The kitchen is a highlight of the property, featuring light brown cabinetry, tile countertops, and a decorative backsplash. The stainless steel appliances add a touch of sophistication, and the light wood-type flooring complements the overall design. The dining area provides ample space for family meals and gatherings. With its light tile patterned flooring and abundance of natural light, it creates a pleasant atmosphere for enjoying meals. The property also includes a backyard with a patio, perfect for outdoor activities and relaxation. Additionally, there is a shed for extra storage. This townhouse property offers a comfortable and well-appointed living space, complete with modern features and amenities. Its convenient location and community amenities make it an excellent choice for potential buyers looking for a stylish and functional home in Denver, CO.
Source: RECO #3144344
Interest rate and monthly payment estimated based on public records.
Source: RECO #3144344
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 30-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: #3144344
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