4250 Daylilly Dr Colorado Springs, CO 80916
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About this home
Welcome to your new home — a bright and inviting 2-story home with a walkout basement in the heart of Crestline Heights! Enjoy exceptional convenience with quick access to both Academy Blvd and Powers Blvd — just 10 minutes to Downtown Colorado Springs, 15 minutes to Fort Carson, and 15 minutes to Peterson SFB. Set on a 6,500 SQ FT lot with a fully fenced backyard and beautiful Front Range views, this home offers space, comfort, and functionality. Step inside to find vaulted ceilings, natural wood flooring, and an abundance of natural light. The kitchen features a breakfast bar, pantry, and plenty of cabinet and countertop space. The living room is warm and welcoming with its soaring ceilings, gas fireplace, and direct access to the wood deck — perfect for enjoying sunsets over the mountains. Upstairs, the primary suite includes an ensuite bath with dual vanities, a tub/shower combo, and a large walk-in closet. Two additional spacious bedrooms, a full bath, and a conveniently located laundry area complete the upper level. The finished walkout basement adds even more living space — ideal for a second family room or entertainment area — along with a large bedroom and ¾ bath. With 4 bedrooms, 3.5 bathrooms, and a layout designed for both comfort and versatility, this home blends character, convenience, and value in one exceptional package
Source: PPMLS #7526944
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.