27798 E 7th Pl, Aurora, CO 80018
3 beds · 3 baths · 1,874 sqft
Welcome to 27798 E 7th Place, a beautifully updated 3-bedroom, 3-bathroom home in Aurora. Sitting on a prime lot backing to open space, this home offers privacy, scenic views, and a peaceful retreat. Every major system has been recently upgraded for a worry-free lifestyle. A brand-new roof, new HVAC system with an air purifier, and a freshly poured driveway add long-term value. A fresh coat of paint throughout gives the home a crisp, modern feel. For added peace of mind, a new security system with cameras has been installed to help protect your home. A brand-new hot water heater and a whole-house water filtration system add efficiency and convenience, ensuring clean and reliable water throughout the home. The open-concept main level is designed for comfort and functionality. The spacious living area flows seamlessly into the kitchen and dining space, creating the perfect setting for gatherings. The kitchen features modern appliances, ample cabinetry, and plenty of counter space, making it both stylish and highly functional. Large windows allow natural light to pour in, enhancing the warm and inviting ambiance. Upstairs, the primary suite is a private retreat, featuring an en-suite bath and a spacious closet. Two additional bedrooms and another full bathroom provide plenty of space for guests, family, or a home office. Step outside to your private backyard oasis—no neighbors behind you, just open space and stunning views. Whether you’re sipping morning coffee, hosting summer gatherings, or simply unwinding at the end of the day, this outdoor space offers the perfect blend of relaxation and privacy. To make this home even more enticing, the seller is offering a 2/1 buydown concession, helping to lower your interest rate for the first two years and reduce your monthly payments. This home is turn-key, thoughtfully updated, and in an unbeatable location. With modern upgrades, enhanced security, and a peaceful setting, it’s the perfect place to call home.
Source: RECO #3246633
All values shown are estimated costs / mo.
Source: Public records
Source: RECO #3246633
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.
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