Welcome home to 823 Creek Pebble - where thoughtful design meets everyday comfort in one of San Antonio's most property tax-friendly communities! This stunning two-story home offers the perfect blend of functionality and elegance, featuring a secondary bedroom and full bath downstairs - ideal for guests, multi-generational living, or a private home office. Beautiful ceramic tile flooring flows throughout the entire first floor, creating a seamless and easy-to-maintain living space. Entertain in style with a show-stopping double-sided fireplace that anchors both the formal dining room and the family room, setting the perfect ambiance for gatherings big and small. The chef of the family will love the large island kitchen, complete with rich granite countertops, a built-in oven, and a cooktop - a setup designed for both serious cooking and casual conversation. Upstairs, enjoy a spacious gameroom perfect for movie nights or a play area, plus a massive primary suite featuring a generous sitting area - your own private retreat. The luxurious primary bath boasts a separate tub and shower, double vanities, and a large walk-in closet to accommodate even the most extensive wardrobe. The fun doesn't stop at your front door! This community is packed with resort-style HOA amenities including two pools, a community center, tennis and basketball courts, sand volleyball, sports fields, a sports park pavilion, walking trails, a dog park, a tot lot playground, and picnic areas - everything you need to live, play, and connect right outside your door. No city taxes. No PID taxes. Easy access to major highways and close to top employers including Lackland AFB. This one checks every box - schedule your showing today!
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.
