2585 Dunfries Ct Colorado Springs, CO 80919
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About this home
Nestled at the end of a quiet cul-de-sac in the prestigious Northlands at Peregrine, this luxurious 6-bedroom, 5-bath custom-built home offers over 5,000 sq ft of refined living space on a private 0.36-acre lot surrounded by mature trees, scrub oak, city and mountain views. Designed by the original owner with uncompromising quality, the home features soaring vaulted & 10' ceilings throughout, walnut hardwood floors, Berch-brand solid cabinetry, custom trim molding, plantation shutters, and energy-efficient casement windows throughout. The gourmet kitchen is a chef’s dream, showcasing granite countertops, a 5-burner pro gas range, solid walnut cabinetry with pull-out shelving, under-cabinet lighting, & a breakfast bar that seats seven comfortably. A wide hallway leads to a walk-in pantry, main-level laundry, spacious family room, and a full bathroom. French doors open to a versatile flex room with tray ceiling and dual closets, ideal for a guest room or office. The luxurious owner’s suite features a sitting room with a 3-sided fireplace, built-in coffee bar, private walk-out to the deck, & a spa-inspired bath with radiant heat travertine floors, jetted soaking tub, oversized dual-head shower, and a large walk-in closet with custom drawers and shelving. The walk-out basement offers a junior suite with full bath and walk-in closet, a full 2nd kitchen-style wet bar with dishwasher, refrigerator, and wine storage, plus a spacious entertainment area. Additional features include radiant heat floors in all 5 bathrooms, central A/C, 2 furnaces for zoned comfort, 2 water heaters, full-house audio, central vacuum, security system, several storage closets, entire house humidifier & a concrete tile roof. The oversized 3-car garage, Trex deck with built-in gas line, & xeriscaped yard add to the ease of living. Located near top D20 schools, two parks, tennis/pickleball courts, Garden of the Gods, Blodgett Peak, & I-25—this is Colorado living at its finest.
Source: PPMLS #4699924
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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.