Welcome to your dream home in the heart of Universal City! This stunning property at 102 Anchor Bluff offers a perfect blend of sophisticated modern design and comfortable living. The BEST Part ? Sellers are willing to help with closing costs !! From the moment you arrive, the striking contemporary architecture and professional landscaping set the stage for the luxury that lies within. Step through the front door into an expansive, light-filled entry way, that passes your huge office, and opens up to modern "great room" concept living area. The home features high ceilings and large windows bringing tons of natural light from the outdoors in. The Kitchen ? Perfect for soooo many occasions. Featuring premium stainless steel appliances, sleek granite countertops, and a massive center island perfect for morning coffee or evening entertaining. Relax in the spacious primary suite, complete with a spa-like primary bathroom featuring a large walk-in shower, a huge walk in closet, and double vanities. With a thoughtfully designed multi-level floor plan, this home offers plenty of space for a large and growing family. Out Back ? Whether you're hosting a summer BBQ or enjoying a quiet Texas sunset, this backyard is ready to become your private backyard oasis. The oversized corner lot provides all the outdoor space needed to design your maximum relaxation or privacy escape. Located in the sought-after 78148 ZIP code, you are just minutes away from Judson ISD elementary and middle schools, NE Lakeview College Across the street, enormous local parks, and the vibrant shopping and dining of the Forum and IKEA areas. With easy access to major highways, commuting to Fort Sam Houston, Downtown San Antonio, Schertz/Cibolo, or Randolph AFB is a breeze. Don't miss your chance to own one of Universal City's most unique and beautifully crafted homes.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
