25532 Big Springs Rd Calhan, CO 80808
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About this home
Welcome home to this stunning brick ranch-style residence perfectly situated on over 18 acres in Calhan, Colorado. Surrounded by mature, thoughtfully planted trees, this property offers the ideal blend of privacy, seclusion, and wide-open space. Step inside to a light-filled interior where large windows invite in plenty of natural light and showcase the scenic surroundings. The kitchen features beautiful oak cabinetry, stainless steel appliances, and ample counter space—perfect for everyday living or entertaining. Enjoy the comfort of brand-new carpet throughout the main level, which also includes three spacious bedrooms, a primary suite with private bath, and an additional full bathroom. The finished basement expands your living space with a generous rec room, a charming brick-style bar, two additional bedrooms, and a three-quarter bath—ideal for guests or family gatherings. Outside, the property truly shines. The fully fenced 18 acres include a homemade shooting range, beautiful mountain views, and endless opportunities to enjoy the Colorado outdoors. Conveniently located just 20 minutes from Falcon, you’ll experience peaceful country living without sacrificing access to nearby amenities. Whether you’re looking for a private retreat, a place to spread out, or simply a slice of Colorado paradise, this property delivers it all.
Source: PPMLS #3835266
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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.