4632 Hidden River Dr Colorado Springs, CO 80922
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About this home
Welcome to your dream home, thoughtfully designed to enhance your lifestyle and meet your family's needs. Enter to see the grand staircase, a stunning centerpiece that sets the tone for the elegance that permeates every corner of this sanctuary and transition from the rich hardwood main level to the plush upstairs carpeting, ensuring a harmonious flow. The master suite features a wraparound closet with custom shelving, blending style and functionality. Upstairs, find three spacious bedrooms with walk-in closets. At the heart of this home is the expansive kitchen, a culinary dream equipped with pristine quartz countertops, a stylish tile backsplash, and state-of-the-art smart appliances. It’s a space designed for both everyday meals and gourmet adventures, where family cooking sessions transform into cherished memories. The main level offers a delicate balance between social spaces for entertaining and quiet corners for relaxation. Recent updates throughout the home enhance both its aesthetic appeal and energy efficiency. New hardwood floors and elegant stair rails make a sophisticated statement, while the remodeled primary bath includes double vanity granite counters and provides a serene, spa-like retreat. With high-efficiency Pella windows, smart garage doors, and a recently upgraded furnace and A/C, this home stands as a testament to both beauty and functionality. The spacious concrete patio leads to a fenced backyard, a haven for kids and pets. A 10x12 storage shed with electricity keeps outdoor essentials organized. As dusk settles, the backyard transforms into your private amphitheater, offering a breathtaking view of fireworks displays from Pikes Peak, UC Health Stadium, and Memorial Park. Whether you're hosting a lively barbecue or savoring a tranquil evening, this spectacular view is yours to enjoy, free from the crowds. This is more than just a home; it’s a carefully curated lifestyle for those who cherish the finer things in life.
Source: PPMLS #1690438
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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.