Tucked away in the gated Highland Estates community, intentionally positioned between Timberwood Park and Kinder Ranch, 27151 Montana Pass offers the rare balance of prestige, privacy, and convenience. Here, you experience the best of both worlds, peaceful estate style living with the ease of being within the city of San Antonio. Zoned to top rated Comal ISD schools, including Specht Elementary, Pieper Middle / High School. Located just 19 minutes from the airport and under 90 minutes to both Austin and Fredericksburg, the location is as strategic as it is desirable. At the heart of this property is a truly rare opportunity, a full one acre corner lot framed by towering mature trees. From the moment you arrive, there is an immediate sense of space, privacy, and natural beauty that is becoming increasingly difficult to find. Step into the backyard and you will understand what makes this home so special. A canopy of mature trees creates a peaceful, shaded retreat, while fruit bearing trees and blooming roses add color, character, and a connection to nature that evolves with the seasons. Whether it is slow mornings with coffee in the shade, kids running freely across the open lawn, or evenings spent entertaining under the Texas sky, this is a space designed to be lived in and loved. The corner positioning enhances both privacy and presence, giving the property an expansive, estate like feel. With a full acre at your disposal, there is room to create, expand, and truly design the lifestyle you have been wanting. Homes like this are few and far between, where land, trees, and location come together with intention and ease.
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.
