9950 Glenellen Dr, Peyton, CO 80831
4 beds · 3 baths · 3,043 sqft
This is the home you've been waiting for! Discover this updated single-family home on almost a half-acre lot. This beautiful home features 4 bedrooms (including a main-level primary suite), 3 full bathrooms, and a 2-car garage. At 3,121 square feet, this home offers ample space for the whole family. Step into the main living area and be wowed by the open floor plan, featuring vaulted ceilings, LVP flooring, and a gas fireplace with a new tile facade. The charming living room provides the perfect setting for quality time with loved ones. The kitchen showcases stylish finishes, stainless steel appliances, quartz countertops, generous cabinet space, and a charming bay window. Adjacent to the kitchen, you'll find a delightful dining area ideal for hosting gatherings. One of the home's most impressive features is its huge backyard, offering abundant space for entertaining, playing, and gardening. You'll also enjoy two storage sheds and a dog run. Access the backyard through sliding glass doors in the living room. Back inside, the spacious main-level primary suite features a walk-in closet and en-suite bathroom, complete with a double vanity, soaker tub, and stand-alone shower. The main level also includes two additional bedrooms and a full bathroom. The finished basement is huge! Offering a large family room—perfect for movie nights—plus a fourth bedroom, full bathroom (offering privacy for guests) and a large storage utility room.. This awesome home includes central A/C and is conveniently located minutes from grocery stores, parks, and schools in Falcon. With easy access to Highway 24 and nearby military bases, this home offers it all. Don't miss out on this charming property—it won't be available for long!
Source: PPMLS #8330840
All values shown are estimated costs / mo.
Source: Public records
Source: PPMLS #8330840
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.