5465 War Paint Pl Colorado Springs, CO 80922
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About this home
Welcome to your dream home nestled in the highly sought-after Stetson Hills community! This stunning 5-bedroom, 5-bathroom residence offers an expansive 6,790 square feet of thoughtfully designed living space, situated on a spacious, meticulously maintained lot at the end of a cul-de-sac with breathtaking views of Pikes Peak from the front door. Step inside and immediately feel the difference—brand-new Renewal by Andersen windows (installed less than a month ago!) fill the home with natural light and come backed by a fully transferable lifetime warranty for peace of mind and long-term value. The heart of the home is the beautifully updated kitchen, featuring a sleek range hood, generous breakfast nook, and seamless access to a covered Trex deck patio—perfect for enjoying your morning coffee or hosting guests outdoors. The main floor features a serene primary suite complete with a custom tile shower, while a second primary suite upstairs offers its own private retreat with a spacious walk-in closet and spa-like bathroom. A large loft area provides flexible space ideal for a home office, playroom, or creative studio. Downstairs, the finished basement transforms into an entertainer’s dream with a custom-built bar, pool table (included!), and plenty of room to host family and friend gatherings or enjoy a cozy movie night. This home is also equipped with solar panels, helping you save on energy costs while living sustainably. Step outside to your own private backyard oasis, featuring lush, low-maintenance turf, a charming covered pergola, and ample space to entertain, unwind, or let pets and kids roam freely. Don’t miss your chance to own a one-of-a-kind home with modern upgrades, energy efficiency, and some of the best views Colorado Springs has to offer!
Source: PPMLS #7922067
Loan details
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Close stress-free in 45 days, handled start to finish by Roam.
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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.