919 Bennett Ave Colorado Springs, CO 80909
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About this home
NEW ROOF installed October 2025. Discover your charming home in this prime central location, just minutes from downtown, the Olympic Training Center, and an array of parks and shopping options. This adorable 3-bedroom, 2-bath residence offers the perfect blend of comfort and convenience and includes a wheelchair-accessible ramp with sturdy handrails leading to the entrance. Step inside to find a bright and welcoming living area with new light fixtures along with newer carpet and windows, creating a warm atmosphere throughout. The heart of the home is the stunning, fully remodeled kitchen, perfect for culinary enthusiasts and entertaining guests. The spacious downstairs bedrooms provide a serene retreat while upstairs, the bedroom includes French doors that facilitate easy wheelchair movement and access and the updated bathrooms provide modern conveniences. Outside, you'll find a fully fenced private backyard, ideal for gatherings or quiet evenings. Enjoy the large deck and cozy fire pit area which are perfect for hosting friends and creating memorable nights under the stars. A large remodeled storage shed and off-street parking complete this fantastic offering, combining practicality with beauty and style. To top it off, some of the biggest cost items are already handled for you with a new roof installed October 2025 and new sewer line replaced April 2024. Don’t miss your chance to own this charming, accessible home in a location that truly has it all!
Source: PPMLS #7506569
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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.