Discover the perfect blend of small-town charm and modern comfort in this beautifully updated 2-bedroom, 2-bathroom gem right in the heart of Beulah, Colorado! Surrounded by nature and nestled in a serene setting, this home is the ideal escape while still keeping you close to Pueblo’s conveniences. Inside, you’ll be wowed by the stylishly remodeled kitchen, complete with a custom cork backsplash, tons of countertop space, ample cabinetry, and a walk-in pantry made for any home chef. The open layout flows seamlessly through two main-level living areas separated by original pocket doors—preserving historic character while giving you flexible living space. The cozy living room invites you in with fresh paint, gorgeous LVP flooring, built-in shelving, and a wood-burning fireplace for those crisp Colorado evenings. French doors open to your own private patio—a dreamy spot to sip coffee at sunrise or unwind under glowing sunsets. Both bedrooms are spacious, with the primary suite featuring dual closets for all the storage you need. With an updated bathroom, newer flooring, fresh paint, a propane heater, and a newer roof, this home is truly move-in ready. A full unfinished basement offers endless potential—whether you’re dreaming of a workshop, studio, or extra living space. Step outside to enjoy your covered porch shaded by mature trees, or take advantage of the 3-car detached garage and horseshoe driveway—a rare find in Beulah! Best of all, you’ll be just minutes from Pueblo Mountain Park and San Isabel National Forest, giving you year-round access to hiking, fishing, and breathtaking Colorado scenery. This isn’t just a home—it’s your Colorado lifestyle waiting to happen!
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.
