8755 Turnbridge Pl Colorado Springs, CO 80920
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About this home
Prime location near the Air Force Academy! Nestled at the end of a quiet family-friendly cul-de-sac, this spacious two-story home with a full basement offers 3,974 sq ft of comfortable living and exceptional entertainment space. The home can even be turnkey with approximately 90% of the furnishings included, making move-in a breeze. Fresh exterior paint (2024) and updated flooring (2022) provide a modern, move-in-ready feel, and all popcorn ceilings have been removed. The bright kitchen features a skylight, pantry, refrigerator, dishwasher, and two ovens - perfect for hosting and everyday convenience. The main level offers a cozy wood-burning fireplace, a private office, plenty of storage, and a washer & dryer that stay. Upstairs, the primary suite features another wood-burning fireplace and a spacious five-piece bath with jetted tub. Two additional bedrooms complete the upper level, offering plenty of room for family or guests. The fully finished basement is an entertainer’s dream, featuring two bedrooms, a bathroom, full wet bar, theater area, pool table, and more - ideal for movie nights, gatherings, or extended-stay guests. Step outside to relax under the covered patio or in the hot tub, perfect for enjoying Colorado evenings year-round. Additional features include central A/C, whole-home humidifier, security system, and generous storage throughout. Located minutes from I-25, the U.S. Air Force Academy, shopping, dining, and parks, this home delivers the ideal blend of comfort, convenience, and lifestyle.
Source: PPMLS #4072551
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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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