7572 Peachleaf Dr Colorado Springs, CO 80925
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About this home
This stunning stucco ranch home with a finished basement offers the perfect blend of style, comfort, and functionality. From the moment you arrive, you'll appreciate the manicured landscaping in both the front and back yards, complete with a sprinkler and drip system for easy maintenance. Enjoy Colorado living year-round with covered front and back porches—ideal for relaxing or entertaining. Inside, the main level boasts gorgeous, wide-plank laminate hardwood flooring that flows throughout. The open-concept layout seamlessly connects the kitchen, dining, and living spaces, all enhanced by vaulted ceilings that create a light and airy feel. The kitchen is a true showstopper with stainless steel appliances, a wine fridge, an oversized island, stylish backsplash, and a generous walk-in pantry—perfect for both entertaining and everyday living.The living room centers around a cozy fireplace, adding warmth and charm. The main-level primary suite is a peaceful retreat, featuring abundant natural light, a luxurious 5-piece ensuite bath, and a spacious walk-in closet. An additional bedroom, full hallway bathroom, and a convenient laundry room complete the main floor. Wrought-iron railings lead you to the expansive basement where endless possibilities await. Whether you're hosting guests, creating a media room, play space, or game area—the massive rec room offers room for it all. Two additional bedrooms and a full bath provide plenty of space for family or visitors. You'll also find a large utility/storage room, ideal for keeping everything organized. This home combines beauty, functionality, and thoughtful design—ready to welcome you home.
Source: PPMLS #4147785
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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.