7352 Candelabra Dr Colorado Springs, CO 80925
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About this home
Welcome to this beautiful 2-story home offering 5 bedrooms, 4 bathrooms, and modern finishes throughout. From the moment you arrive, the great curb appeal and charming front porch invite you in. Inside, you’ll find bright laminate flooring, abundant natural light, and thoughtful design. The formal living room flows seamlessly into the formal dining room. The kitchen is truly a chef’s dream—complete with bright wood cabinets, stainless steel appliances, a center island with seating and built-in storage, and a walkout that takes you to the patio. Enjoy your morning coffee or evening dinners outdoors while overlooking the spacious backyard. The kitchen opens to the family room with an electric fireplace, creating a warm and inviting space for everyday living. A convenient half bath and laundry room complete the main level. Upstairs, the primary suite impresses with vaulted ceilings, a large window, an ensuite bathroom with dual vanities, a soaking tub, a spacious shower, and a huge walk-in closet. Down the hall are two additional bedrooms and a full bathroom, ideal for family and guests. The finished basement offers even more possibilities with two additional bedrooms, a bathroom, and a large open area perfect for a home theater, gym, playroom, or second family room, whatever best suits your lifestyle. Step outside to enjoy the expansive backyard with fruit trees, plenty of room for kids and pets to run, and endless opportunities to entertain or host summer BBQs. An attached 3-car garage provides plenty of parking and storage for vehicles, recreational toys, or hobbies. Conveniently located near shopping, schools, and more, this home blends style, space, and comfort—ready for you to make it your own.
Source: PPMLS #9133320
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.