1298 S Carson Way # 2846, Aurora, CO 80012
2 beds · 2 baths · 902 sqft sqft
Price improvement! and an ASSUMABLE FHA MORTGAGE WITH A 5.25% INTEREST RATE! Welcome to this beautifully updated town-home with modern fixtures and your very own 2-car garage! As you walk into this home, the first thing you'll notice is the functional open floor plan, vaulted ceiling, and an abundance of natural sunlight coming in from the massive windows. The high-quality laminate flooring throughout was installed in 2023 and the kitchen is fully updated with modern cabinets/light fixtures, stainless steel appliances, a breakfast bar, and beautiful quartz countertops. Continuing into the home, you will find the main bathroom that includes stylish updates with a luxurious feel. Across the hall is a charming laundry nook that includes extra storage, washer and dryer, and easy access to the newer furnace, next is a spacious secondary bedroom with a big picture window and a large closet. The massive primary bedroom features a fully updated en-suite bathroom with a barn door and a large walk-in closet. As if that wasn't enough, you can step out of your front door onto your open, enclosed wood deck that has room to grill and relax in the warmth of the Colorado Sun- Enjoy walking the greenbelt nearby and swimming in the community pool! Convenient access to 225, restaurants, shopping and Aurora's city center. I'm sure you will agree this home is filled with warmth and charm, and its ready for it's new owner! This one will go fast, so be sure to come see it today!
Source: RECO #9541839
Source: RECO #9541839
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #9541839
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