6185 Hearth Ct Colorado Springs, CO 80922
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About this home
Completely move-in ready 3-bedroom home in desirable Stetson Hills, with NO HOA! Prepare to be impressed with the cathedral ceilings as you enter this elegant, sophisticated, and roomy home offering everything you are searching for! All bedrooms are on the upper level, and the primary suite is super-sized with a walk-in closet and a luxurious 5-piece primary bathroom with a jetted tub. The main living area features a dramatic stone-decorated gas fireplace, creating a warm and inviting focal point that perfectly complements the open layout. The home also includes new kitchen upgrades with stone countertops, new stainless steel appliances, new cabinets, modern lighting, and a breakfast bar, along with a bonus dining nook in the kitchen in addition to the main dining room space, providing multiple areas to gather and entertain. The main level also includes a laundry area and powder room for added convenience. Additional upgrades include new marble tiles in the bathrooms, new vanities, new windows and blinds, a new sliding glass door, new lighting fixtures with a remote-control ceiling fan, a new chimney, and a new garage door opener. The finished basement offers even more versatility with a 4th bedroom that needs flooring and a closet, but the potential is there to create a great additional living space. Situated in a cul-de-sac and with no rear neighbors in view, the privacy and seclusion will make you forget you are just minutes away from the popular Powers Corridor, with the Sand Creek Trail right out your backdoor! The private backyard features a covered patio and a playset, making it an ideal outdoor retreat. This home truly has it all — don’t miss this one!
Source: PPMLS #2673600
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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.