Discover this beautifully maintained two-story Classic-built home on a spacious fenced lot in desirable Barnstormers Landing. Ideally located near shopping, dining, and major employers—including Fort Carson, Peterson and Schriever Space Force Bases, Amazon, and the airport—this home offers both comfort and convenience. With easy access to I-25, downtown and all corners of the city are just minutes away. Step inside to an inviting two-story entry with grand ceilings and an elegant staircase. The open, light-filled layout flows effortlessly between the living and dining rooms, featuring hardwood floors, crown molding, and neutral paint tones throughout. The kitchen is a true centerpiece with granite countertops, ceiling-height cabinetry, and a window overlooking the backyard, seamlessly connecting to the dining and family spaces—perfect for gatherings. The adjoining family room impresses with 16-foot ceilings, a tile-surround gas fireplace, and built-in shelving that add warmth and style. Step outside to a beautifully landscaped backyard with an extended patio—ideal for entertaining, gardening, or relaxing on peaceful Colorado evenings. Upstairs, the primary suite offers a tranquil retreat with vaulted ceilings, a five-piece bath, and a walk-in closet. Two additional bedrooms and a full bath provide ample space for family or guests, while the loft landing overlooks the living area below. The finished basement adds a spacious second family room, guest bedroom with walk-in closet, and another full bath. The 3-car garage features an epoxy-coated floor, and the home includes a newer A/C for year-round comfort. Residents enjoy access to Barnstormers Park with a playground, basketball court, and open field—creating a true sense of community. This home combines an excellent location, thoughtful upgrades, and a welcoming neighborhood feel—making it the perfect place to call home.
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.
