Set on a quiet cul-de-sac in the desirable Harlach Farms community, this beautifully cared-for Meritage home offers a blend of modern comfort and proven efficiency. Freshly painted inside and upgraded with brand-new carpet, the home feels crisp and move-in ready from the moment you walk in. A dedicated front study provides the perfect space for remote work, a library, or creative projects-separate from the main living areas for privacy and focus. The open-concept design connects the living room, dining area, and kitchen for an easy flow that suits both daily living and entertaining. A large island anchors the kitchen, surrounded by plenty of cabinetry, sleek counters, and stainless appliances. Durable wood-scraped flooring adds warmth and contrast to the fresh walls and new carpet. The spacious primary suite includes dual vanities, a walk-in shower, and a generous closet. Two additional bedrooms and a full bath complete the layout, offering flexibility for guests, family, or hobbies. Energy-efficient construction-Meritage's signature low-E windows, spray foam insulation which is helpful in keeping comfort high and costs low. Step outside to a covered patio overlooking a fenced backyard with trees, ideal for outdoor dining or relaxed weekends. The two-car garage adds extra storage, and the cul-de-sac location ensures minimal traffic. Harlach Farms residents enjoy access to a community pool, playground, and maintained common areas, creating a friendly and active neighborhood feel. Conveniently close to Loop 1604 and Highway 90, the location offers easy commutes to Lackland AFB, Citibank, Wells Fargo, and a wide range of shopping and dining options. For qualified buyers, this home includes an assumable VA mortgage-a valuable opportunity to take over existing favorable loan terms, subject to lender and VA approval. In addition, the seller is offering an attractive concession toward closing costs and/or an interest rate buydown when using NextMortgage! Why buy new? This home shines just as bright, shows like new inside, and is priced better-with the upgrades, efficiency, and community amenities already in place. Move-in ready, beautifully maintained, and full of smart value, 11631 Troubadour delivers the best of southwest San Antonio living.
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.
