100% FINANCING AVAILABLE!! Everything Is Brand New! New! New! Fully renovated and full of fresh beginnings, this beautiful open concept home with a private office and large loft is ready to welcome you home! Move-in ready and completely remodeled, this spacious 3 bedroom, 2.5 bath home offers nearly 2,200 sqft of modern living, where every detail feels fresh, bright, and brand new. Step inside and you will immediately notice the open layout that highlights your home and allows for you to enjoy it all. The living room, dining area, and kitchen flow together effortlessly, creating a space that is perfect for everyday life and every stage of life. The kitchen is the heart of the home and boy is it pretty!! Featuring brand new cabinetry, quartz countertops, and new electric appliances, it offers both style and function with plenty of room to cook, gather, and make memories. Need space to work or study? The private office with doors provides the ideal work-from-home setup. Head upstairs and you will find a huge loft, perfect for a second living area, media room, game room, or creative space. Think movie nights, game days, or a quiet reading nook. When it comes to upgrades, this home checks every box. New luxury vinyl plank flooring, a new roof, new water heater, and a new HVAC system mean you can move in with confidence and enjoy the peace of mind that comes with a truly refreshed home. The primary suite is oversized and inviting, featuring a large walk-in closet and plenty of room to create your own relaxing retreat. Two additional bedrooms and a full bath provide flexible space for family, guests, or hobbies. Step outside to the covered patio, a perfect place to enjoy a morning coffee, weekend barbecue, or a quiet Texas sunset. Location matters, and this one delivers. Situated in North San Antonio, you will enjoy quick access to Loop 1604, I-35, major employers, shopping, dining, and parks. Fort Sam Houston, Randolph AFB, and major retail centers are all within easy reach. And here is the part that makes this opportunity even more exciting. This home qualifies for 100% financing or a 1% lender credit, making homeownership more accessible than ever for first-time buyers or military families. Fresh. Bright. Renovated. Ready. This is the place you will want to call HOME...
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.
