1822 Bulrush Way Colorado Springs, CO 80915
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About this home
Nestled in a desirable neighborhood just a few minutes north of Peterson SFB and just a few minutes from the powers shopping corridor with stunning mountain views, this home offers a perfect balance of comfort, style, and convenience. Step inside to an open, light-filled floor plan featuring spacious living areas, tall ceilings, and modern finishes throughout. The kitchen boasts ample counter space, quality cabinetry, granite countertops, and a center island that’s perfect for entertaining. The main and second floor also include brand new carpet throughout and hardwood floors in the kitchen and dining room.. The primary suite is a private retreat with a walk-in closet and a well-appointed bathroom that includes dual sinks, a walk in shower, and tub. Two additional bedrooms provide plenty of room for family, or guests. Upstairs you will also find a spacious loft. The basement is the perfect place to end a busy day with a large rec room, additional bedroom and full bathroom along with ample storage. This home is also equipped with Owned Solar Panels. It also includes a new water heater that was installed in 2024. Enjoy the outdoors with a xeriscaped front yard, private patio, and easy access to nearby parks and trails. Conveniently located near top-rated schools, shopping, dining, and military bases, this home is ideal for those seeking both tranquility and accessibility. Don’t miss the opportunity to make 1822 Bulrush Way your new address—schedule a showing today!
Source: PPMLS #1640142
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.