Priced to sell! This charming home offers exceptional value with spacious living areas, an open floor plan, and numerous upgrades, including drought-tolerant landscaping. The Seller is motivated and ready to consider all reasonable offers. Don't miss this opportunity - schedule your showing today! Discover elegance, comfort, and space in this beautiful 4-bedroom, 2.5-bath home offering 2,379 sq. ft. in the thriving Sedona community in Schertz. This two-story gem combines modern living with convenience, located near parks, highly rated schools, shopping, and dining. Step inside to an inviting open-concept layout filled with natural light. The main level features ceramic tile and wood-look flooring, creating a warm and airy atmosphere ideal for entertaining or relaxing with family and friends. Recent updates include fresh interior paint throughout the entire home, brand-new carpeting, and a newly replaced exterior HVAC unit installed this year, making this property move-in ready. Gourmet Kitchen Highlights: Granite countertops, Generous cabinetry and prep space Seamless flow into the dining area/home office space, ideal for gatherings and everyday living Private Downstairs Primary Suite: The spacious downstairs primary bedroom offers a peaceful retreat complete with: Garden tub,, Separate shower, Dual vanities Large walk-in closet Conveniently located just outside the primary suite is an indoor laundry room with custom cabinetry for added storage and functionality. Upstairs Versatility: A spacious loft provides endless possibilities as a media room, game room, home office, or play area, along with three generously sized secondary bedrooms. Located in one of Schertz's growing communities, this home offers both lifestyle appeal and strong future value potential. This property also features an assumable VA loan with a low interest rate for qualified buyers - a rare and valuable opportunity in today's market. Bring your buyers and let them experience the perfect blend of sophistication, functionality, and charm. Schedule your private tour today and take the first step toward making this house your 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.
