Welcome home to 3714 Wild Fig, a stunning single story luxury retreat that perfectly blends elegance, comfort, and resort style living. Beautiful curb appeal, manicured landscaping and impressive architecture create a lasting impression. Sitting on an oversized corner lot this home has it all. Thoughtfully designed split bedroom floorplan provides both privacy and functionality with each bedroom featuring their own private bathroom. Designed for both everyday living and entertaining the home offers a study/office tucked away with double glass doors, formal dining room, Media room with projector screen and a Game room with sliders to the patio. Kitchen with curved island, custom cabinets, walk in pantry, plenty of counter space, built in appliances and gas cooktop. Kitchen opens to the living room and breakfast nook offering perfect view of your backyard. Wet bar or coffee station open to the living room with ceiling treatment, fireplace and sliding doors that open to covered patio that seamlessly connect the indoor and outdoor living. Primary suite with high ceilings and view of pool is tucked away for privacy with primary bath offering a walk in shower, garden tub and double vanity. Huge secondary bedrooms stand out with added privacy as they are tucked away from the main living area. Guest suite located at the front of the home with its own private full bath. Incredible covered patio complete with a fireplace, Gas line for grilling, ceiling fans perfect for year round enjoyment and entertaining. From morning swims to sunset gatherings, the custom Kieth Zars pool, splash pad and expansive outdoor living spaces create the ultimate setting for relaxation and entertainment. Tucked around the corner is your own basketball court great for everyone. This home offers so many custom details and finishes throughout, including ceiling treatments, built in speaker system, mud room and more. Split 3 car garage with a long driveway. Built by Rialto, this beauty showcases quality craftsmanship and timeless design. Located within the gated community of Shavano Highlands with easy access to Salado Creek Trails & 1604, I10, 281 with dining & shopping just minutes away.
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.
