Lakewood
Assumable Mortgages

Lakewood is one of Denver's most desirable western suburbs, quick access to the mountains, Red Rocks, and downtown Denver, with a strong mix of neighborhoods from Belmar to Green Mountain. Home prices regularly hit $500,000–$650,000, and at 6.9%, affordability is a real obstacle for buyers.

The Denver Federal Center is located in Lakewood, and federal employees (many of whom used FHA loans in 2020–2021) represent a meaningful source of assumable loan inventory. Add the standard FHA first-time buyer wave from those years, and Lakewood has real inventory to work with.

On a $420,000 remaining FHA or VA loan at 3.0%, your principal and interest is $1,771/month. At 6.9%, the same balance costs $2,795/month. That's $1,024 per month in your pocket instead of the bank's. Lakewood homes appreciate. You want to own one. Assumable mortgages make the numbers work.