9880 Everglades Dr, Peyton, CO 80831
5 beds · 4 baths · 3,832 sqft sqft
This well-maintained 5-bedroom, 4-bathroom home is located in the desirable Meridian Ranch community. The main level features upgraded Perge flooring and a kitchen with hickory cabinets, black appliances with chrome finishes, and a convenient pantry. The pass-through to the dining room and a breakfast nook that opens to the backyard make it a practical space for everyday living. The backyard includes maintenance-free turf, a greenhouse, a playhouse, and an 18 x 48 patio area with a powered retractable awning, ideal for gatherings. The family room has a gas fireplace with a brick surround and includes the 55" TV and Bose sound system. A home office with private access and a ramp is also situated on the main level. The bedrooms are spacious with vaulted ceilings and ceiling fans. The master suite includes a soaking tub, an oversized shower, and a walk-in closet. The finished lower level provides additional living space with a recreation room, game room, a fifth bedroom, and a fourth bathroom. Additional features of this home include central air conditioning, ceiling fans in the bedrooms, and a security alarm system. The extended patio and finished garage, equipped with 220v power, cabinets, and shelving, add to the home's functionality. Conveniently located within walking distance of parks, the recreation center, a golf course, schools, restaurants, and shopping, this home offers a comfortable living space in a community-friendly area. Meridian Service Metro District fee covers sewer, water, storm drain, street lighting, use and maintenance of the recreational facilities, and fees for the maintenance of parks, open space, trails, parkways and entry and neighborhood signs. Close to Schriever AFB and Peterson AFB!
Source: PPMLS #1178480
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #1178480
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: #1178480
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