Mountain Cabin Retreat on Over an Acre Bordering National Forest, 5 Minute Walk to North Fork of the South Platte River Escape to your own private mountain sanctuary! This 3 bedroom, 1 bath 1046 square foot cabin has been newly renovated and with a spacious updated bathroom and fully functioning kitchen with retro modern appliances. Two of the bedrooms offer cute loft spaces above and the primary is full of light with 3 sided windows and private access to the deck. Nestled on over an acre completely surrounded by breathtaking National Forest, this charming cabin offers the ultimate in peace, privacy, and outdoor adventure. Enjoy the rare feeling of complete seclusion with no close neighbors and no HOA and agricultural. Yet, easy access to some of Colorado’s best recreation, 24 minutes to Slaughter House Gulch OHV trail, 20 minutes to scenic Kenosha Pass with stunning aspens covering hills and valley. With direct access to hiking trails and a short .5 mile walk to the North Fork of the South Platte River, renowned for its world-class fishing with trophy Rainbows and Browns. Ultimate wildlife viewing to include deer, elk, moose, and turkey. Enjoy scenic beauty from custom railed wrap around deck with views of Crooked Top Mountain. Whether you’re looking for a weekend getaway, vacation rental opportunity, or full-time mountain residence, this property delivers the perfect blend of tranquility and accessibility. Relax on the property while taking in the sounds of nature, explore miles of nearby trails, or simply enjoy the unmatched privacy and stunning forest surroundings. Opportunities like this are rare—a secluded mountain retreat with direct access to public lands and the river just steps away.
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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