Nestled on a full acre of private, tree-studded land in a premier Hill Country community, this exceptional custom home offers the perfect balance of upscale comfort, scenic beauty Stunning Hill Country home with abundant space inside and out! A covered porch invites you to relax and enjoy wildlife views. The floor to ceiling windows offers light-filled living area featuring wood flooring, a cozy fireplace, crown molding, rounded corners, and surround sound wiring extending to the back porch. The walkthrough kitchen offers a center island, stainless steel appliances, granite counters, and dining areas on both ends-perfect for entertaining. The huge master suite includes private access to the backyard, while three main-level bedrooms and a fourth bedroom with kitchenette and full bath provide flexible living options. The private apartment is ideal for guests, Airbnb, or rental income. The three-car-attached garage offers ample space for vehicles and storage, while the metal seam roof provides lasting durability. Community amenities include a 32-acre clubhouse with two pools, sports courts, walking trails, and a fishing pond. Stay active with the state-of-the-art fitness center, or gather with family at the River Park Pavilion, picnic tables, and recreational spaces. Don't miss this incredible opportunity to own a Hill Country retreat with lifestyle and comfort built in!, and proximity to some of Central Texas' most sought-after destinations This ideal location is minutes to restaurants, shopping, music venues, theatres, hospitals also just a short trip away to Schlitterbahn, the Guadalupe and comal River, Historic Gruene, The San Marcos Outlet Shops, and Canyon Lake!. And everything new Braunfels has to offer. PLUS, a 58-acre park with private Guadalupe River access and convenient to both Austin and San Antonio. ** NO CITY TAXES! **This is more than a home-it's a lifestyle of luxury, privacy, and prestige. Your Hill Country haven awaits. Schedule your private tour today.
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.
