Beautifully Remodeled with Open, Spacious Floorplan and a Great Yard with Room for Recreational/Work Vehicles! Warm, welcoming, and completely move-in ready... This home has the kind of layout that just works for real life. From the moment you walk in the natural light and easy flow make it feel comfortable, functional, and instantly inviting. With both a living room and separate family room on the main level, there’s space for everything from cozy movie nights to hosting friends and family for special events. The updated kitchen features slab granite countertops, a stainless steel appliance package with side x side refrigerator, new upgraded cabinetry with hardware, on-trend wide plank flooring, and a serving window that keeps conversations flowing while dinner’s cooking. Take advantage of Colorado's famous 300 days of sunshine with plenty of space for BBQs, gardening, pets, kids, a firepit, playground, and a huge patio that's the perfect place to relax at the end of the day. Two storage sheds give you plenty of extra space for tools, bikes, holiday décor, and all the extras that need a place to live that's not your attached garage. Situated on a highly desirable corner lot with convenient side entry access, this property offers extra flexibility and breathing room. Even better, the big-ticket updates are already done: Newer roof, water heater, flooring, and carpet all installed in 2024. That means less stress and fewer surprise expenses after move-in. Located in one of Denver's favorite communities with quick access to DIA, I-70, light rail, parks, schools, shopping, and dining, this location makes commuting and daily life incredibly convenient while still feeling tucked into an established neighborhood. This is one of those homes that feels good the moment you walk through the door and is a remarkable opportunity at this price point!
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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