4386 Gunbarrel Dr Colorado Springs, CO 80925
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About this home
Nestled in a highly desirable neighborhood with parks and schools just minutes away, this spacious almost 2,300 sq. ft. 2-story home offers the perfect blend of eco-conscious living and everyday comfort. Step inside to find a bright and open floor plan featuring a spacious living room, a generously sized primary bedroom, and custom wooden accent walls and valances that add warmth and character throughout. Enjoy year-round comfort with central air, a whole-house fan, humidifier, and water softener—all included for your convenience. The outdoor space is a gardener’s dream: organic, chemical-free garden beds filled with established perennial flowers, fruits, veggies and herbs, a natural composting system, and a pergola over the patio. This low-maintenance, eco-friendly landscape is both beautiful and sustainable. Energy savings are built in with fully paid-off Tesla solar panels, significantly lowering your utility bills while reducing your carbon footprint. The attached 2 car garage, with RV parking, is also a functional workspace complete with built-in shelving, tool storage, and ample room for projects or hobbies. Downstairs, the unfinished basement offers rough-in plumbing and a blank canvas ready for your creative vision—home gym, entertainment space, guest suite—the possibilities are endless. Don't miss this rare opportunity to own a wonderful home that combines thoughtful upgrades, sustainable features, and a prime location. Schedule your showing today and imagine the lifestyle that awaits!
Source: PPMLS #3358284
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.