6377 W Mississippi Pl Lakewood, CO 80232
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About this home
Welcome to 6377 W Mississippi Place — a beautifully maintained, move-in-ready townhome in a fantastic neighborhood! This spacious and stylish home offers comfort and convenience in every detail. The open main floor features refreshed kitchen cabinets, upgraded appliances, and modern fixtures — creating a bright, inviting space perfect for everyday living and entertaining. Upstairs, the large primary suite feels like a private retreat with a cozy fireplace, walk-in closet, and a sun-filled ensuite bathroom enhanced by skylights. Additional skylights in the stairwell fill the home with natural light throughout the day. The finished basement adds flexibility with a generous bedroom featuring an egress window and walk-in closet — ideal for guests, an office, or a creative space. Enjoy your private patio, large storage shed, and front yard with sprinklers. Major updates include central A/C, newer windows, a new water heater, heated gutters, updated electrical panel, and a new main water line — offering peace of mind for years to come. Located in a quiet, well-kept community with two dedicated parking spaces and access to a community pool, this home also provides easy access to major highways, shopping, restaurants, and everyday amenities. Beautifully cared for, thoughtfully updated, and ready for you to move right in — welcome home!
Source: RECO #8053723
Loan details
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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.
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