VATop pick
Active
35$520,000$46,247 down
- Rate
- 3.10%
6.95%today- Payment
- $2,242/mo
$3,475today
- 4beds
- 3baths
- 2,302sqft
Severance, Colorado
Assumable homes for salein Severance, Colorado.
21 homes in Severance carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.81%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Severance assumable market
by the numbers.
21active assumable listings
2.81%lowest locked rate
$490kmedian list price
$1,119saved per month vs. 7.2%
About the market
Assumable mortgagesin Severance, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Colorado, filtered to Severance. Updated September 2026.
How assumptions work for buyersSeverance, Colorado has 21 homes for sale with an assumable mortgage as of September 2026: 14 FHA loans and 7 VA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Severance assumable listings start at 2.81% with a median of 3.45%; 14 listings are under 4% and 14 are under 5%.
The median assumable home in Severance lists for $489,900, with a median of $140,069 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,770 a month versus $2,889 for the same balance at today's rate, roughly $1,119 kept every month and $13,424 a year. The most active Severance ZIP codes are 80550 (19) and 80546 (2).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Severance assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Severance
View all 21 on the map Homes on the marketin Severance.
FHA
Active
16$460,000$70,871 down
- Rate
- 2.98%
6.95%today- Payment
- $1,821/mo
$2,866today
- 3beds
- 3baths
- 1,884sqft
3855 Arrowwood Lane, Johnstown
VA
Active
20$354,900$36,817 down
- Rate
- 3.05%
6.95%today- Payment
- $1,503/mo
$2,345today
- 3beds
- 3baths
- 2,196sqft
4355 24th Street Road #1704, Greeley
FHA
Active
25$355,000$57,290 down
- Rate
- 3.10%
6.95%today- Payment
- $1,409/mo
$2,184today
- 3beds
- 3baths
- 1,548sqft
4355 24th St Rd #3503, Greeley
FHA
Active
39$429,900$54,645 down
- Rate
- 3.17%
6.95%today- Payment
- $1,829/mo
$2,810today
- 3beds
- 3baths
- 1,934sqft
3504 Valleywood Court, Johnstown
FHA
Active
31$375,000$43,927 down
- Rate
- 3.25%
6.95%today- Payment
- $1,603/mo
$2,438today
- 3beds
- 3baths
- 1,902sqft
6605 4th Street Road #3, Greeley
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Severance.
Live counts from the MLS feeds we index for Colorado. Updated September 2026.
- Active listings
- 21
- UMe Certified / verified
- 0
- Lowest rate
- 2.81%
- Median rate
- 3.45%
- Median list price
- $489,900
- Median cash to assume
- $140,069
Severance listings by locked rate
- Under 4%14 homes
- 4% – 5%0 homes
- 5% – 6%1 home
- 6% and up6 homes
Severance listings by loan type
- FHA14 homesmedian 3.27%
- VA7 homesmedian 3.47%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Severance ZIP code.
Each ZIP opens the Severance map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Severance numbers
What an assumable ratedoes to a Severance payment.
The sliders start at the median Severance assumable listing: $489,900 list price and a 3.45% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$140,000
29% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Severance
$1,701/mo
New loan at 7.20%$2,376
Assumed at 3.45%
$1,701
Every month$675
Over five years$40,506
Interest you never pay$324,66926-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Severance listing on UMe shows the actual balance, rate, and payment.
How it works in Severance
How to assumea mortgage in Severance.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Severance home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Severance map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $140,069 in Severance today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Severance payment written in a different decade.
Severance questions
Assuming a mortgagein Severance.
The numbers below come from current Severance inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Severance?
As of September 2026, UMe tracks 21 active assumable listings in Severance. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Severance?
Current Severance inventory breaks down as FHA (14, median 3.27%) and VA (7, median 3.47%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Severance?
The lowest rate on an active Severance assumable listing is 2.81%, and the median across all 21 listings is 3.45%. 14 listings are under 4% and 14 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Severance?
Across current Severance listings, the median principal-and-interest payment on the assumable loan is $1,770 per month versus $2,889 for the same balance at today's rates, a difference of about $1,119 every month, or $13,424 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Severance?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Severance that gap is currently a median of $140,069 on a median list price of $489,900. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Severance ZIP codes have the most assumable homes?
The Severance ZIP codes with the most active assumable listings are 80550 (19) and 80546 (2). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Severance?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Colorado More assumable homesin Colorado.
Ready when you are
Stop overpaying for Severance.The rate is already on the house.
Every listing on the Severance map has a rate you can take over. Start with the ones in Severance, get pre-qualified in minutes, and let UMe carry the assumption to closing.
