Welcome to The Enclave at Alamo Ranch - A Home That Has It All Located in the prestigious gated Enclave subdivision of Alamo Ranch on San Antonio's far west side, this stunning 2,934 sq ft home packed with thoughtful details throughout. From the moment you arrive, an oversized entry sets the tone, welcoming you into soaring high ceilings and a warm, inviting family room anchored by a gas fireplace - the perfect place to unwind at the end of the day. The kitchen is truly the heart of this home, boasting a large granite countertop island, gas cooking, a tiled backsplash. Whether it is a quiet weekday breakfast or a weekend dinner party, this kitchen is ready for it all. An eat-in breakfast area offers casual everyday dining, while a separate formal dining room is ideal for hosting family and guests. Retreat to the first floor master bedroom, where large bay windows flood the space with natural light. The en-suite bathroom is a true sanctuary, featuring a large jet tub, separate glass shower, double vanities, and a generous walk-in closet. Head upstairs to find a large game room that serves as a second living space - perfect for movie nights, a playroom, or a quiet spot to curl up with a good book. Three additional oversized bedrooms round out the upper level, two of which share a convenient Jack and Jill bathroom. Step outside to a large backyard that backs up to a greenbelt, offering privacy and open space that is perfect for entertaining, weekend cookouts, or simply enjoying the outdoors. An oversized two-car garage and solar panels add practicality and long-term savings to this already impressive package. As a resident of The Enclave, you will enjoy access to the Alamo Ranch Community Center with pools and sports courts, top-rated Northside ISD schools, and everyday conveniences including H-E-B Plus, Target, and popular dining - all just minutes away. This is a home you have to see in person. Schedule your private showing today. Photos are previous to current tenant.
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.
