5214 Estes Circle

A very well-maintained townhome is in Arvada. This property has 3 bedrooms and two bathrooms. The main floor has a spacious family room and dining area and a kitchen with stainless steel appliances and sink, granite countertops, and updated can lighting, the bathrooms have granite countertops and tile flooring and have been updated with large walk-in closets and storage area. Freshly painted with newer carpet, and updated windows, the master bedroom has two closets. Nice patio area with a yard for BBQing with friends and family and a one-car garage. Close to old town Arvada and easy access to the light rail system to get downtown and other surrounding areas.
This property qualifies for the Affordable Home Program. Call listing agent for more information.
Lender paid Mortgage Insurance
If in a low - moderate tract area or high minority area over 50%, there are no income restrictions
There is no origination fee or underwriting fee charged
Down payment as low as 3% of the purchase price
First time home buyers can get $1500 to $3000 in closing cost assistance
Debt to income ratio can be as high as 50% with qualifying credit (primary home only)
No Income restrictions if purchasing in a qualifying area.
Credit score as low a 620
Down payment Assistance ($10,000k Max)
· This is a taxable grant of up to $10,000 towards your down payment. You will receive a 1099 from Bank of America that you will need to pay taxes on.
· Minimum down payment of 3% for a conventional loan.
· If the loan amount is over $766,000 you will need to have a 5% down payment or more.
· Max down payment allowed with this program is 20%
Closing Cost Assistance ($7,500)
· This grant is NOT taxable and can only be applied to the closing costs
· Can be used to buy discount points to reduce interest rate
· Does not cover cash reserves for property taxes or insurance
Reach out to listing agent for more information.