Wake each morning to sweeping mountain, butte, and valley views as the sun rises over Red Hawk and sets the sky ablaze each evening—this is modern living reimagined, right in the heart of Castle Rock. Tucked quietly at the end of a private cul-de-sac and surrounded by the locally acclaimed Red Hawk Golf Course, this home is a true retreat: close to shopping and dining, yet blissfully removed from the bustle of everyday life. From the moment you step through the dramatic foyer, framed by massive wood beams, you’re welcomed into a space designed to tell a story. Famed artist Amy Springer has lovingly and meticulously crafted one-of-a-kind enhancements throughout the home, evoking the warmth of classic log cabins, the serenity of snow-capped peaks, and the quiet magic of Colorado wildlife. Every room is thoughtfully curated to reflect the peaceful scenes of mountain living—without ever leaving town. The upper level offers three inviting bedrooms, while the main-floor laundry adds everyday ease. Downstairs, a cozy family room anchors the lower level, complemented by a spacious flex or office area that provides privacy for work, creativity, or quiet retreat. As evening settles in, the calculated calm of this interior street carries through to sunset, wrapping the home in tranquility. Step into the backyard and discover the final touch of this mountain escape: a fully functional stream meandering over smooth cobblestones, reminiscent of high-country snowmelt. Sit back, listen to the water flow, and imagine the life waiting for you here—where nature, artistry, and comfort converge in one unforgettable Castle Rock sanctuary.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
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