16135 E Exposition Dr Aurora, CO 80017
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About this home
Welcome to 16135 E Exposition Drive—a beautifully updated 3-bedroom, 3-bathroom home nestled in the heart of Aurora. With nearly 2,000 square feet of living space and a finished basement, this residence offers the perfect blend of comfort, style, and functionality. Step inside to discover vaulted ceilings, new flooring throughout, and a designer-inspired kitchen featuring stainless steel appliances, a breakfast bar, and an open layout ideal for entertaining. The main floor boasts a spacious living and family room, a master suite with dramatic ceiling height, and access to a private backyard oasis—complete with a large deck and fire pit area for cozy evenings under the stars. Upstairs, you'll find two additional bedrooms and a full bath, while the finished basement provides a versatile guest suite or creative workspace, complete with its own full bathroom and laundry room. Double-pane windows, central air, and natural gas heating ensure year-round comfort. Located just steps from Toll Gate Creek Trail and minutes from shopping, dining, and schools, this home offers both tranquility and convenience. With a two-car garage, ample storage, and no HOA, it’s the perfect opportunity for buyers seeking space, style, and value in Aurora.
Source: RECO #8918364
Loan details
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FAQs
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.
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