7668 Crested Jay Pt Colorado Springs, CO 80922
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About this home
Welcome to your beautiful new home, where charm, comfort, and warmth greet you at every turn. Boasting a refreshing interior, this 1,523-square-foot property features brand-new carpet and refined finishes that instantly make you feel at home. With three cozy bedrooms—including a spacious primary suite with a walk-in closet—and two well-appointed bathrooms, there’s plenty of room to unwind and make lasting memories. Natural light pours in through generous windows, filling the open-concept living and dining areas with a bright, cheerful ambiance—perfect for relaxing evenings or entertaining guests. The kitchen, practical yet stylish, flows effortlessly into the living space, creating the ideal setting for connection and comfort. Located in a pleasant neighborhood on the east side of Colorado Springs, this home offers the tranquility of suburban living while keeping you close to everything you need. Just minutes away, Laura Gilpin Park invites you to enjoy peaceful strolls, lush greenery, and a welcoming playground. Daily essentials and dining are always within easy reach, with Target, Costco, and a variety of shops and restaurants just a short drive away. Whether you're basking in morning sunlight with coffee on the deck or winding down in the glow of your cozy living room, this home offers the perfect blend of comfort and convenience. Don’t miss your chance to make it yours—this isn’t just a place to live, it’s the perfect place to call home.
Source: PPMLS #9428658
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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.