5769 Thurless Ln Colorado Springs, CO 80927
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About this home
Ask your agent about possible assumable. Modern Style Meets Easy Living in This 3-Story Gem! A low-maintenance, contemporary home that combines thoughtful design with functional living. Boasting 1,311 sq ft, this three-story charmer offers 3 bedrooms, 2.5 baths, and a versatile main-level flex room—ideal for a office, hobby nook, or movie-night lounge. Modern architectural details and large windows flood the space with natural light, while the open concept. Second level includes the kitchen with island and extra cabinets and plenty granite counter tops and sleek finishes. Open to the living room with walk out to the wrap-around deck perfect for BBQ's or just soaking in Colorado’s sunshine. Two bedrooms and a full bathroom are also located on this level along with the stacked washer and dryer on the same level make laundry a breeze. The third floor serves as a private retreat with a spacious primary suite, walk-in closet, and ensuite bath.Sitting on a corner homesite, this home also offers off the patio a side yard and a fenced-in area—perfect for your four-legged family members. But wait, there’s more! The vibrant community features a huge pool, splash park, miles of walking trails, summer concerts, dog parks, pickle ball courts and so much more to keep everyone active and entertained. This home blends modern style, convenience, and community fun—don’t miss your chance to make it yours!
Source: PPMLS #7548734
Neighborhood
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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.