Where Every Hour Is Golden Hour…Welcome to a rare 3 bed, 3 bath sanctuary on nearly a third of an acre in Garden’s Edge, a private enclave of only nine homes bordering the world-famous Garden of the Gods. Red rock formations, lush trees, and sweeping views follow you from room to room, deck to deck, and window to window. Enjoy panoramic vistas of Pikes Peak and the Front Range from your back Trex deck. From your full length front Trex deck soak in 360° view of the Kissing Camels, the Siamese Twins, and a dozen other red rock formations. On the north side of the property a series of brick terrace patios create the perfect outdoor setting - summer barbecues, stargazing, and quiet mornings in nature. A gas-grill hookup, fertile vegetable garden, hot-tub-ready wiring, and a charming rock wall elevate the outdoor living experience. Inside, skylit ceilings, whole house a/c, two wood-burning fireplaces, solid oak floors, and dual cloak closets make the living spaces warm and inviting. The open kitchen includes a breakfast bar, gas stove with cast-iron griddle, electric oven, microwave, and pull-out shelving. A full pantry/flex space opens to both patios. The loft offers a bedroom + office, copper sinks, walk-in closet, and private balcony. The basement adds a recreation room with wet bar and kegerator, Pergo flooring, and two additional bedrooms. An extra-large two-car garage includes a workshop, storage, and welding-ready gas line. Two sheds add versatile storage. Also, the stability of being built on a red rock brings peace of mind from settling. The location? Stunningly secluded yet only minutes from grocers, shopping, and loads of local restaurants in Manitou Springs, Old Colorado City, and Downtown. Just 0.2 miles from Garden of the Gods trailheads. In mere minutes, you can be on the trails, hiking among towering sandstone formations. Not just a home - a rare retreat in one of the most scenic corners of Colorado Springs. 3725 Saints Court, a Jewel among the sandstone!
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.
