8315 Sutterfield Dr, Colorado Springs, CO 80920
6 beds · 4 baths · 3,869 sqft
"Located in the award-winning District 20, this stunning 4,000 square-foot, six-bedroom, four-bathroom home boasts an oversized two-car garage. Nestled in the charming and quiet Briargate neighborhood, you'll enjoy breathtaking views of Pikes Peak and the Front Range. The area offers numerous walking paths, proximity to open spaces, a dog park, shopping, and a variety of amenities. The property also features a spacious yard with a large back deck & fenced backyard, perfect for outdoor living." NO HOA! This beautifully landscaped and well maintained 6 bedroom, 4 bath, oversized 2 car garage, 4001 sq ft fully finished, 2-story with full basement home in the desirable Briargate area, is a must see! Beautiful covered front porch with park-like backyard featuring a basketball court & a 450 sq ft redwood deck makes this home a retreat. Main level features an office, large open eat-in kitchen, spacious step down family room with fireplace, large formal dining & front room. Upstairs features a huge master bedroom suite with a wall of windows and window seats, 5 piece master bath/walk-in closet, 3 additional large bedrooms all with ceiling fans, big full guest bathroom w/sky-light, linen closet, spacious laundry room. The fully finished basement features 2 additional bedrooms, large recreation room with a gas fireplace, wet bar, huge 3/4 bathroom, utility room and additional storage area. Solid wood 6 panel interior doors, 75 gallon hot water heater, newer upgraded furnace, humidifier and air conditioning unit all. New roof in 2015. Newer energy efficient Amerimax windows installed in 2010. Crown molding, plantation shutters, bay windows, radon mitigation system. Close to all amenities, nearby walk paths, open space, dog park, neighborhood pond, shopping etc... Pride of ownership shows--don't miss it!!!
Source: PPMLS #2554117
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #2554117
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 30-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #2554117
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.